Life insurance is a crucial step in planning for your future. Not only can life insurance provide assurance for your family if you are no longer around, there are life insurance policies that offer benefits while you are living.

The necessity of life insurance depends on your own personal and financial needs. At Absolute Insurance Agency, we assist and help you determine the type and amount of life insurance that is appropriate for you and your family.

The benefits of life insurance, other than providing for your loved ones, in case something happens to you include:

  • The cash value earned and borrowed from a permanent life insurance policy can be used to help with large expenses, such as a college education or down payment on a home.
  • The growth of a cash-value policy is tax-deferred — you do not pay taxes on the cash value accumulation until you withdraw funds from the policy.
  • Life insurance can be used to cover funeral expenses and pay estate taxes.

The right coverage for you is unique – reach out to us to find out how to protect your family and your future with the life insurance. Everyone should have life insurance in place.