Life insurance may be one of the most important purchases ever made. In the event of a tragedy, life insurance proceeds can help pay the bills, pay for children's education, support a current business from closing, and protect family inheritance. It is important to have a good understanding of life insurance and its role within a sound financial plan... Decisions related to life insurance include how much to buy, what kind to buy, and how different life events such as having children, buying a home, or retiring can affect your insurance needs. To determine the best option for your particular situation, contact a finance professional in your area. Term life insurance is often a good choice for younger people ..... The form of business you operate determines what taxes you must pay & how you pay.
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