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Life insurance is not just a financial product; it's a crucial safety net for families. It offers peace of mind knowing that your loved ones will be financially secure in your absence. Here’s why life insurance is vital:
- Financial Security: Life insurance provides a death benefit that can help cover living expenses, debts, and future needs such as education for children.
- Income Replacement: If you are the primary breadwinner, life insurance ensures that your family can maintain their standard of living even after your passing.
- Legacy Planning: It allows you to leave a financial legacy, ensuring that your heirs can inherit wealth without the burden of taxes or debts.
