Tips for taking care of your life insurance
Summary
Many American families face money problems when the main person earning money dies. Life insurance can help protect families from financial hardship in these situations.Key Facts
- About 47% of American households report financial difficulties after the death of the main wage earner.
- Life insurance is designed to provide money to families after a policyholder dies.
- Having life insurance can help cover expenses and reduce financial stress during hard times.
- Reviewing and taking care of life insurance policies is important to ensure coverage is adequate.
- Financial experts like Jill Schlesinger provide advice on managing life insurance.
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