Pay Final Expenses and Offer an Emergency Fund
Final expenses can be very significant, especially if there are large medical bills, funeral or legal expenses to pay. An emergency fund can cover unexpected bills such as emergency repairs to your home or car. Life insurance benefits provide cash that can be used to help your family cope in a time of distress.
Pay Off Debt
Debt can be very burdensome to your family, especially without your income available to help repay it. Life insurance benefits can be used to pay off debt and help create more financial security for your family.
Your acceptance is guaranteed.
If you are between 50 and 80 years old, you are guaranteed acceptance, regardless of your health history.
No medical exams to complete or lengthy health questionnaires to fill out.