Life insurance & financial planning

Life insurance is only one piece of a complete financial plan. Learn more about how life insurance can help maximize your family’s retirement, savings, and estate.

The basics

Here are some of the most common questions about the value of life insurance and how it fits into your overall financial plan.

Family holding hands
Is life insurance a good investment?
Young adults laughing outdoors
Does term life insurance have cash value?
Father plays with his child while sitting on the floor
Does whole life insurance have cash value?
Can you sell your life insurance policy?

Life insurance & retirement

Most people don't need life insurance forever, but as you approach retirement, it can help provide for your dependents. Meanwhile, a life insurance retirement plan (LIRP) can supplement your retirement funds.

Life insurance & estate planning

An estate plan is a collection of legal documents that designates who receives your assets when you die. If you own a life insurance policy, it’s smart to factor it into your estate plan with the help of a licensed attorney or financial professional.