USES OF LIFE INSURANCE

  •  Mortgage Protection

  •  Family Protection/Replacement of Lost Income

  •  Debt Repayment

  • Meet the costs of “Final Expenses”

  •  “Key Person insurance” to protect a business

  •  “Executive Bonus” program to reward key employees

  •  “Buy-Sell” for business partners to protect survivors

  •  Pension Maximization

  •  As a form of retirement income (from cash values)

  •  Legacy contributions to charities; grandchildren