What is Life Insurance?

Life insurance provides ready money to the people who depend on your paycheck, should you pass away. It can help to:

• Pay for funeral expenses and medical bills
• Cover monthly bills, such as a car payment, rent or mortgage
• Pay off outstanding debt, including student loans or credit card bills
• Offset childcare costs if you’re a stay-at-home parent or a parent who must enter the workforce
• Fund a child’s future education
• Provide an inheritance for your children or a retirement account for your partner.

Think of life insurance like a security blanket that can help financially protect the people you love most.