What Does Life Insurance Offer? 
Life insurance depending on the type of policy can offer several things . The primary purpose of course is a tax free lump sum benefit to your loved ones when you die to replace income , payoff debt , educate your children , etc. . However , there are cash value plans such as a whole life policy for example that can do much more . Think of it as the Swiss Army knife of life insurance . The features can help with retirement , pay for a critical illness , long term care situation , college funds for children , etc. . I recommend sitting down with an experienced independent life insurance broker you trust and build a plan that takes care of your unique needs . 