As we all know, insurance is used to replace a person potential financial worth. Some family, have pension along with social security that they depend upon during retirement. If you have a family, that both spouses was working, then they would both would get social security, and a retirement plan of some kind. In most cases, the retirement plan can continue even if a spouse died, but social security do not. A person is given a choice on which social security benefit they want to received. I was thinking, could a policy be written in a way, that could replace that income?
I think this would be beneficial, for many people that did not take the step earlier in life to prepare retirement, but depend on both social security benefit.
I think this would be beneficial, for many people that did not take the step earlier in life to prepare retirement, but depend on both social security benefit.
