One of the benefits offered by some employers is a life insurance policy. We help you understand the pros and cons of employer life insurance are.

Life insurance is a priority for me, but I'm also at risk of getting cancer, so I found an insurance plan that would cover my costs if I did.

It is only possible to take out life insurance on someone else if: There is some relationship between you, such as a business partner, spouse or parent. The person being insured consents to a life insurance policy being taken out on them.

Life insurance can play a key role in your estate plan by simplifying the transfer of assets and addressing potential estate taxes. It provides a reliable source of financial support for your beneficiaries through untaxed death benefit proceeds.