Question: What is the purpose of life insurance?
Answer: The purpose of life insurance is to provide financial protection and security for your loved ones in the event of your death. It can help cover expenses such as funeral costs, mortgage payments, and other debts, as well as provide for the future financial needs of your beneficiaries.
Conclusion: Understanding the basics of life insurance and how it works can help you make informed decisions when choosing a policy that meets your needs and the needs of your loved ones. By securing a life insurance policy, you can have peace of mind knowing that your family will be taken care of financially in the event of your passing.
