What Is Life Insurance About? 
Life Insurance is about meeting a Financial need , providing support when the insured dies . Life Insurance pays a benefit known as the death benefit to a beneficiary tax-free . Life Insurance is used to replace lost income for a father that has a family who dies prematurely , to provide monies to help the kids get to college if a covered spouse dies . Life Insurance is also used in businesses to provide protection for the business in the event of an owner passing away or a key employee who dies . Life Insurance provides tax-free monies to your estate or when properly funded will provide tax-free income to help supplement your retirement income . As you can see , there are many uses that Life Insurance is utilized for . If you have a specific question on how you might consider using life insurance , please contact your broker . 