Why Do I Need to Buy Life Insurance?

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It is always the million-dollar question that has a rather simple answer. We buy life insurance either:

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     a) To protect

     b) Leave a legacy

     c) Both

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I have not created an estate (that has income producing assets) to take care of my survivors (dependents) and if I were to die _____________.

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I need life insurance.

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To live the life style we have, we more often than not : create debts, (which include mortgage, cars & credit cards that all become liabilities or debt. Our current earnings stop. Do I want to burden my dependent(s) with these liabilities or do I want to leave them free and clear of these liabilities—I need life insurance.

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Life insurance is a unique product that has the power of leveraging. Nothing else matches that power. Not only could I protect my family with life insurance, I could leave a legacy. That could not only protect but enrich future generations.

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We all have a cause dear to us. A charity dear to me and we donate on an annual basis. The power of leveraging helps us to donate to this charity or beyond our lifetime. A lot to think about…..

 

I want to buy life insurance.