The Benefits of Life Insurance in Financial Planning

Investment Insights: John Hancock Exchange-Traded Fund (ETF)

In a recent filing, John Hancock introduced its new Exchange-Traded Fund, bringing investors a wealth of opportunities in the financial market. As highlighted by StreetInsider, this investment avenue does not resemble a bank deposit and lacks insurance or guarantees from the Federal Deposit Insurance Corporation (FDIC).

The Role of Life Insurance in Financial Security

While investments in ETFs can offer substantial returns, they come with their own set of risks. In this regard, life insurance stands as a complementary financial product that assures security irrespective of market fluctuations. Lifetimeinsurance.org provides extensive resources on various life insurance products designed to cater to specific life events.

Key Types of Life Insurance

  • Business/Career Insurance: Provides security by ensuring the continuity and financial stability of a business in the event of the untimely demise of key personnel.
  • Retirement Insurance: Offers a steady income stream upon retirement, supplementing existing retirement savings plans and social security benefits.
  • Marriage/Divorce Insurance: Designed to address the financial repercussions arising from major life changes, securing the standard of living during transitions.
  • Family Life Insurance: Protects your family against financial hardships by ensuring they receive a lump sum or recurring income after the policyholder’s death.
  • Health-related Life Insurance: Includes critical illness cover and disability insurance to provide support during medical emergencies.

Why Consider Life Insurance?

According to experts at Lifetimeinsurance.org, life insurance provides a myriad of benefits, including tax advantages, guaranteed death benefits, and peace of mind. “It’s not just about the financial returns,” says a representative from Lifetimeinsurance.org, “but the security and assurance it delivers to policyholders and their families.”

Conclusion

As investors explore the opportunities presented by John Hancock’s new ETF, it’s crucial to balance potential market gains with the security offered by comprehensive life insurance policies. By leveraging the expertise and varied offerings at Lifetimeinsurance.org, individuals can create a robust financial strategy that safeguards their future against uncertainties.

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