As people age, it may seem less important to have life insurance. You may be retired, own your own home outright or have adult children who are self-sufficient.
But there still may be some situations where you need life insurance. So before you let your policy lapse consider these reasons, says a story on dailyfinance.com:
- You still have debts or are still working.
- You still have dependents.
- You want to leave a charitable legacy.
- Your estate is subject to taxes.
- You want another investment.
If you have questions about estate planning, feel free to contact us for a consultation at (626) 696-3145.
