Three Questions to Answer Before You Purchase Life Insurance
Life insurance can be an extremely important, even essential, part of your financial plan. One of
its most attractive aspects for many individuals and families is the death benefit of the policy—
the money that the insurance company pays out in the event of the insured’s death.
But navigating the life insurance landscape can be tricky—and people often make costly
mistakes. Three of the biggest we see regularly:
- Buying too much—or too little—insurance due to a lack of understanding of their true financial needs
- Paying for life insurance using a less-than-ideal method or executing that payment method poorly
- Misunderstanding life insurance’s purpose and the reasons for having it
In order to make smart life insurance decisions, there are three questions you need to ask
yourself and answer.
* Disclosure: A tax professional should be consulted on this matter.
This report is intended to be used for educational purposes only and does not constitute a
solicitation to purchase any security or advisory services. Past performance is no guarantee of
future results. An investment in any security involves significant risks and any investment may
lose value. Refer to all risk disclosures related to each security product carefully before
investing. Securities offered through Pension Professionals. Roland Gagne is a registered
representative of Pension Professionals. Roland Gagne and Pension Professionals are not
affiliated with AES Nation, LLC.
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