Life Insurance & Annuities
Why Do I Need Life Insurance?
Security For Those You Love
Life insurance has been proven over the years to be one of the most effective ways to safeguard a family's financial future. If you should die, life insurance benefits could be used by your family to cope with the financial burdens that often accompany the loss of a loved one. Life insurance policy proceeds generally pass to named beneficiaries free from federal income taxes, and can be used to preserve your family's standard of living, as well as to cover outstanding debts, mortgage obligations and your children's future educational costs.
Meeting Your Needs Today
In addition to providing financial protection for your beneficiaries, some life insurance policies offer benefits that you can use during your lifetime. Permanent life insurance policies offer cash accumulation value that occurs on a tax-deferred basis under current tax laws. Over the long term, these cash values have the potential to accumulate to significant amounts. A First Investors Registered Representative would be glad to provide you with information on which types of products might best address your life insurance needs.
