Life insurance can be a valuable financial tool, offering security and peace of mind for your loved ones. Whether it is covering final expenses, replacing lost income, or helping with long-term financial planning, the right policy can make a significant impact. Understanding the difference between term and permanent life insurance is key. Term life insurance provides coverage for a set period and is generally more affordable, making it ideal for those seeking financial protection during their working years. Permanent life insurance, on the other hand, offers lifelong coverage and a cash value component that can be used while you are still alive.
Determining whether life insurance is worth it depends on your financial situation and the needs of those who depend on you. Learn about the benefits, costs and key considerations to help you make an informed decision on USAA.
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