Do I need Life Insurance?

There are certain financial milestones that we all reach in our lives. One of them, of course, is when we buy our first life insurance policy. But how do you know when is the right time to sign on the dotted line for coverage? The answer may vary depending on your financial and family situation, but there are a few good rules of thumb.

For instance, if you are married or own a home, you probably want to consider coverage. If you have kids or other loved ones who rely on you for financial support, a policy provides much-needed peace of mind for their care. Many large companies offer life insurance to their employees as a benefit. As a small business owner, you are responsible for securing this important coverage for your loved ones who rely on you for financial support.

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