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Personal Insurance

Life Insurance Can Be a Gift

By January 26, 2018June 22nd, 2023No Comments

Life insurance is usually talked about as a way to protect your family financially in case of the worst. But what if no one is financially dependent on you—the kids are grown, and the rest of your family takes care of their own finances? Then, life insurance can be a way to show how much you care.

Grandparents can buy a policy for their grandchildren to use for their college funds. Parents can buy one to give their children greater financial independence, allowing them to pay off cars, clear mortgages or wipe out student loans. Or to give them a chance to start their own business, take a cruise around the world, or otherwise follow their dreams.

Life insurance doesn’t just have to be a crutch to help your family get by after you’re gone: it can be a true gift to your heirs. Imagine: if you could leave all those you love with financial freedom, wouldn’t you?

Give us a call today at 410-897-9890 and we’ll talk about how you can use life insurance policies as one last, amazing gift to those you love.

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