Tribute to Life Insurance Awareness Month: Purposes and types of life insurance
By Steve Savant
Ash Brokerage Corporation
There are about 10 general purposes for life insurance, including personal protection, business applications and estate transfer funding for taxes, charitable intent and generational legacies. But there are also differing life insurance products designed to meet those purposes. Steve and consumer reporter Kassie Rohde talk about the purposes and types of life insurance.