What Is Life Insurance Advantages And Disadvantages? 
The advantages of life insurance are three fold . The death benefit proceeds can pay the bills , fund future obligations and make a difference for your children and charities . The economic leverage for a healthy insured is significant and the tax advantages considerable . The diversity of the product line can be customized to the individual consumer . The only disadvantage of life insurance , like any other product , is that you have to pay for it . 