First Investors

If you answered Yes to any of these questions, then you possibly need life insurance. Life insurance proceeds can contribute towards replacing your income, and aid your family meet many important immediate financial requirements, such as final expenses and daily living expenditures. In addition, life insurance proceeds can aid with more long-term goals such as college and retirement funding. And as with all life insurance policies, there is no federal income tax on life insurance benefits paid to named beneficiaries.