With the myriad options available, life insurance might seem very complicated. In reality, it's just a policy consisting of 1) a death benefit, and 2) an investment component, with policies other than “Term Life”. Which one is right for you? Well, that depends on your specific circumstances. Do you simply want to provide a death benefit to your heirs? Do you want to use insurance as an investment hedge? Do you want to minimize taxes through a whole-life policy? We'll be happy to discuss each of these uses with you. In the meantime, the following is a summary of the main life-insurance products available.
