How to use permanent life insurance to protect your estate’s wealth
When you’re young, life insurance can be used to protect your family by providing money to replace your income. However, as you approach retirement, there’s less need for income replacement, and the focus switches instead to wealth protection. Wealth protection is a permanent concern, requiring permanent solutions.
In this article, we’ll discuss three of the main concerns when it comes to efficiently protecting your estate’s wealth (and that of your beneficiaries), and how permanent life insurance can provide solutions to these concerns.