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Life Insurance: The Most Widely Used Financial Protection Solution

Life Insurance Overview

It’s hard to say where and when most of us got our information about life insurance, but one thing is certain...  not everything you may have believed about life insurance applies to what it is today and what it can do for you in the future. 

No matter how old you are now, you probably have retained several ideas about life insurance from the information your parents explained to you when you were very young, from something you’ve read online, in a direct mail advertising piece or even from seeing a TV commercial, or perhaps you’ve actually spoken with an insurance professional.  The subject of life insurance is, first of all, not really exciting for most “non-insurance professionals” to discuss, and, second, life insurance isn’t something most of us want to think about anyway!  
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When most folks think about life insurance, they usually think about the amount of the “death benefit” – how much money they are going to leave to their spouse, children, grandchildren, or other heirs. However, there are many more uses for life insurance than just the "death benefit". ​​

We all can agree that planning for the financial well being of our families is certainly a subject we should give some serious thought to.  And that’s the purpose of the following information – a serious though not complicated look at “the truth about life insurance” and why it’s important to you. 
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The kinds of life insurance, however, fall into two (2) categories – “term” and “permanent,” and within each category are several different “types” of insurance.  People choose to buy one or more of these types of insurance depending on their personal life situations, for example: Do they have family members they want to care for financially after they die?  Is there a charity they wish to fund with money – a worthy cause, such as a church, school, municipal project (like a park or a community center)?   ​
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Want to Learn More?

Read our Life Insurance 101 Safe Money Places guide

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LIFE INSURANCE TOPICS

Quick Overview
Different Types
Basic Considerations
Typical Questions
Common Uses

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​LICENSED AGENT

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Everyone’s financial situation is unique and there is NOT a one-size fits all retirement plan. Ask us questions and get real answers. ​
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CONSUMER'S GUIDE:
​LIFE INSURANCE 101

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Safe Money Places and this website are operated by The Ohlson Group, Inc. Safe Money Places is a consumer website. Safe Money Places is not a licensed insurance agency and financial products cannot be purchased on this website.

Safe Money Places does not warrant anything on this website, although we strive to keep everything accurate and up-to-date. ​We do not provide tax, legal, accounting, or investment advice. You need to do your own homework and consult your own experts on your personal situation. This website is protected by applicable copyright laws. You may make or print one copy of any material for personal use, further copying or distributing is prohibited without prior written permission.

If you have any questions or concerns, please contact us at 1-877-844-0900 OR contact us by filling out our form.

Raymond J. Ohlson, CLU, CRC, founder of The Ohlson Group, Inc. is a licensed insurance agent in all states with the exception of New York. If you request information, regarding a product or service, you may be contacted by a life insurance agent licensed in your state.

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