With life insurance as an investment risk, you have no risk of loss due to market volatility, if you know if you know what you’re doing. You can also avoid a tax responsibility with life insurance as an investment.
Living benefits are designed to provide financial support when the policyholder may face significant expenses or loss of income due to serious health issues.
When the main earner in a household passes away, the family’s financial stability can be severely impacted, especially if they are heavily reliant on that person’s income.