In the traditional sense of replacing a lost income, you’re not working any longer. So the answer is no. However, there are a handful of reasons why you still might want to keep life insurance, whether it’s stuff you already have, or maybe even buy new coverage. Watch this short video to learn more.
If you no longer want or need an old life insurance policy, you could be walking away from some very valuable tax savings.
The middle of October is usually the time people enroll for company benefits. Free life insurance is a popular one (who doesn’t like that price?) but we think you should pass on it.
If you’re not requesting an in-force illustration request every 5 years, you could be making the same mistake….