Answer
Oct 23, 2024 - 11:51 AM
Life insurance protects your loved ones by providing financial support after your passing, covering expenses such as funeral costs, debts, or income replacement. It can also preserve your estate by offering tax advantages, including tax-free death benefits. Policies like Fixed Indexed Universal Life Insurance (FIUL) allow for tax-free income and long-term care benefits during your lifetime, while protecting your savings from market volatility. These options ensure that your estate and family are secure, both in life and after death.