Comparing a traditional investment of $10,000 per year for two years versus over-funding a $200,000 cash value insurance policy, the insurance policy provides a $200,000 death benefit to heirs upon death, whereas the traditional investment would only provide the $20,000 invested.

Authors

• Person: Not available Organization: U.S. Bank
  Why is insurance important in financial planning? | U.S. Bank

Sources

• Why is insurance important in financial planning? | U.S. Bank www.usbank.com U.S. Bank via serper

Referenced by nodes (3)

• traditional investments concept
• cash value life insurance concept
• death benefit concept