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income replacement planning
It is a common understanding that Insurance is the cheapest cost for Income Replacement. So why do people need insurance? The short answer is to protect those that they would leave behind and the assets that they have worked so hard for.Most people recognize that if they die from a cause other than old age, their death could have negative economic consequences for others. Although there’s no way to replace the personal value of a life, life insurance does serve as a way to provide for our loved ones and/or pay our debts after a person death. When your life comes to a stop, what option you leave for your family to live?
"The major difference between a thing that might go wrong and a thing that cannot possibly go wrong is that when a thing that cannot possibly go wrong goes wrong it usually turns out to be impossible to get at or repair"
~ Douglas Adams
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