Benjamin Franklin once said, “in this world, nothing can be said to be certain, except death and taxes. ”For centuries, humans have known that death is a certainty everyone will have to confront someday. So, why not plan for it? Life insurance does not have to be a taboo subject and neither should it be considered a death sentence.

Depending on your perspective, it can be viewed as one of the most important financial planning strategies you will ever make. Imagine this scenario, you are saving for your retirement, children’s university education and also paying off your mortgage; only one thing can disrupt your plans-untimely death. It is not that you plan for this to happen or that you expect it to happen, but it would be unwise not to acknowledge the possibility of it happening. You do not have to spend a lot of time thinking about it either. Once you have a life insurance policy in place (albeit a group life insurance policy) that takes care of your family’s finances in the event of this worst-case scenario, you can go back to living your life with the assurance that all your bases are covered.

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