What Is The Advantages And Disadvantages Of Life Insurance? 
The advantages of life insurance can be significant if applied correctly to the planning need in behalf of the policy insureds beneficiaries . The tax advantaged features and the economic leverage of life insurance is unique among financial products . In addition , a TAMRA compliant non modified endowment policy can generate tax free distributions as long as the policy is kept in force for the life of the insured . The disadvantages of life insurance are zero . As a product , it can be misapplied , misunderstood , but not a disadvantage . 