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	<title>New answer on: Why Use Life Insurance?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/why-use-life-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Tue, 08 Oct 2013 20:34:53 +0000</pubDate>

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		<description><![CDATA[Some reasons people use life insurance are: 

1) It is tax friendly. Life insurance passes to a beneficiary income tax free.
2) It is quick. Since it does not have to go through probate, it gets to the recipient quickly.
3) It is personal. The owner of the policy gets to pick the person he wants to receive it.
4) It is affordable. Being able to collect a large sum of money after paying only a few premiums (if death occurs) is an amazing benefit.
5) It is predictable. With most life insurance policies, you know exactly what will be paid out if you die.]]></description>

		

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