Winter 1999 Financial Planning Just Got Easier Dreams that last are built on a foundation of good planning. Life insurance is one of the essential building blocks of a good financial plan. It would take money for your family to continue without you.
Unfinished dreams can become debts, like an unpaid mortgage and final expenses.
A debt should last no longer than the person who created it. With the right life Insurance, you can continue to provide for your family's well being. Yet, you should consider the fact that as you grow older, the probability of dying becomes greater. This results in term insurance rates that grow increasingly higher to the point where most policies become unaffordable. Although term insurance is inexpensive in the short run, historically few term policies are active at the time of the insured's death.