Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
People who purchase life insurance have a desire to indemnify their beneficiaries, i.e. family members, business partners or charities that depend on their contributions. Buying life insurance is an issue of stewardship to your beneficiaries to protect them from financial liabilities, future obligations and create wealth for succeeding generations.
Those who buy life insurance policies represent many categories of people.
Most policies are personal, and purchased by the breadwinners of families who want to protect their dependents. Often, new college graduates, newlyweds, new home owners, new parents, and new business owners buy life insurance. So do older persons who are looking for funeral coverage or doing their estate planning.
Business executives and owners also buy life insurance for many business related purposes.
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Most policies are personal, and purchased by the breadwinners of families who want to protect their dependents. Often, new college graduates, newlyweds, new home owners, new parents, and new business owners buy life insurance. So do older persons who are looking for funeral coverage or doing their estate planning.
Business executives and owners also buy life insurance for many business related purposes.