Surprising Uses For Life Insurance

Most people think about life insurance as a safety net for their loved ones in case of unexpected tragedy. While this is undoubtedly a crucial aspect, there is more to life insurance than many people are aware of. In this insightful episode, we’re focusing on the multifaceted world of life insurance and its often-overlooked benefits.

 

Here’s some of what we discuss in this episode:

Considering life insurance for income replacement + obtaining it when you’re healthy The role of life insurance in estate planning for liquidity purposes Life insurance as a tool for transferring generational wealth + business succession planning How life insurance can be a beneficial tool for high-income earners Using life insurance to fund long-term care expenses

 

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