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Should I Take Out a Big Life Insurance Policy to Protect My Spouse?
Manage episode 413205132 series 3460411
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A common situation that many couples have to face is one spouse being older than the other and worrying about how to protect them financially should something happen. What’s the best way to ensure they are taken care of after you’re gone? Is a big life insurance policy a good option?
In this video, John will weigh in on this scenario and answer a question that we recently received:
I’m not planning on dying anytime soon, but my wife is nine years younger than me and I want to be sure that she’s taken care of when I’m gone. Should I take out a big life insurance policy on myself?
Find out how to determine if life insurance makes sense and what type of policy you might need.
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