Life Insurance
Why do you need life insurance?
Life insurance is a unique asset, which is used to solve some of life's perplexing financial problems due to its potentially high yield and its tax-favored benefits.
Life insurance can be used to:
- Create an estate
- Pay death taxes and other estate settlement costs
- Fund a business transfer
- College fund for children or grandchildren
- Pay off home mortgage
- Protect a business from the loss of a key employee
- Create a retirement fund
- Replace a charitable gift
- Guarantee loans
- Equalize inheritances
How much life insurance should an individual own? Find out the "Rules of Thumb"...
Learn about Transamerica Life Insurance Company