The insurance that was in place for the business helped keep it going when it lost two of its key people—one to death, one to grief.
Becoming disabled and unable to work might a great deal more serious than dying in terms of financial disruption for a family.
When it comes to teaching your children about finances, the money ball is in the parent’s court, but help is available from your agent, advisor and organizations such as LIFE.
There is no single product that addresses the six key risks of retirement, so the idea is to diversify among different products to effectively address them all.
Having to deal with the pain of losing her husband was hard enough. If she would have had to worry about where her next paycheck was going to come from now that her husband, I think it would have broken her. Thankfully, she didn’t have to worry.