MAX BENATAR, RIBO, B.A.

About Life Insurance

 

It's difficult to imagine needing personal life insurance while you're young and in good health. But, if anything should happen to you, life insurance can help protect your spouse, loved ones and estate. Some personal life insurance policies can also offer you access to funds during your life; funds you can use to buy a home or pay your children's education.

 

 

What is Life Insurance?

 

Life insurance is a contract, with an insurer, that promises a set amount of money will be given to your beneficiary and/or estate upon your death. Your benefit amount depends upon many factors including the policy you choose, your age, gender and health, and the amount of premium you pay. Your Advisor will discuss these details with you to make sure that you get the policy that is right for you, whether with fixed coverage and specific terms, or with greater flexibility. If your financial situation changes, you can adjust your policy accordingly with the help of your Advisor.

 

Why Do You Need It?

 

Life insurance can give you the peace of mind to know that, if something should happen to you, your loved ones won't be left with a legacy of debt, final taxes or other financial worries. Over time, events in your life might cause you to re-evaluate your financial goals and consider the protection life insurance can provide. Perhaps you're getting married, buying a home, having children or planning for your retirement. With an appropriate plan, life insurance can help you meet your goals in life and protect your family when you no longer can.

Certain business situations call for life insurance. If you're an entrepreneur or just starting a business you'll need to protect your enterprise and your partners. A uniquely tailored insurance solution can also provide the money necessary to enable your fellow shareholders or partners to buy you out when you're ready to retire.