Episode notes
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 it’s also a reliable and predictable asset for these areas:
- Income Replacement for covering debts and recurring costs like food, clothing and utilities
- Final Expenses for medical bills and funeral bills
- Debt Coverage for paying off a mortgage, credit card balances and car loans
- Education funding
- Care of dependents
Discover if you need to discuss this financial tool with Steven to ensure your financial health on the show today.
Steven Step can be reached for consultation at: