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Podcast: The Synergy Connection Show
Episode: Life Insurance - A Part Of Financial Planning with Steven Step
Description: Steven Step and I discussed the importance of life insurance as part of your financial planning on the show today. It can act as a risk management tool for a young person or family by providing a safety net for loved ones in the event of death, but itβs also a reliable and predictable asset for these areas:Income Replacement for covering debts and recurring costs like food, clothing and utilitiesFinal Expenses for medical bills and funeral billsDebt Coverage for paying off a mortgage, credit card balances and car loansEducation fundingCare of dependentsDiscover if you ne...