Why Life Insurance?
Life Insurance is used to protect the financial security of the people you love most. A Life Insurance policy pays a cash benefit, tax free, to your beneficiaries when you die. The amount of money for which you are insured and the type of insurance you buy depends on your needs.
Because each person’s insurance needs are unique, a good rule of thumb is: If someone relies on you to provide for them in any way, then yes, you probably need life insurance.
How Does Life Insurance Fit into a Financial Plan?
The primary purpose of life insurance is to protect against the personal and financial strain of an unexpected death. Life insurance comes in many forms and can accomplish other, more complex, goals too (such as charitable giving or efficiently funding tax liabilities).
A FaithLife Financial Representative can help you determine the type and amount of any needs you may have.
What Are Your Financial Goals?
Your story is unique. So are your financial goals. Tell us what’s important to you. We’ll listen and then create a strategy based on your needs, priorities, and your values.
For almost a century, FaithLife Financial has been helping members protect their financial futures at various life stages.