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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

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