The Many Benefits of Life Insurance
April 14, 2020Life insurance is one of the greatest financial products ever devised. It is so ingrained in our society and has been around for more than 150 years. NSS has offered products for the past 130 years so it is easy to understand why insurance is readily available and acceptable.
Some of the top benefits of life insurance include:
- Large amount of protection available for pennies on a dollar.
- Tax-free proceeds are paid to beneficiaries.
- Probate free asset to a named beneficiary.
- Tax-free loans are available against the policy’s cash value account. • A non-qualified account which means there are no government restrictions.
- Other living benefits such as cash value, paid-up, or extended insurance options.
So why don’t more people have life insurance protection. The best answer is that people think that life insurance costs too much. This is incorrect. Insurance protection is reasonable and affordable. Depending on the plan and age it is possible to start a plan for $10 a month.
Compared to the cost of a few lattes per month wouldn’t it be in your best interest to at least get a quote? Call your local NSS representative or Joe Elliott in the Home Office for a free, estimate. Let us help you protect your family.