Having life insurance isn't just about planning for support of surviving family members and loved ones. It's also about building up your savings and can help you to avoid paying more than you have to in taxes.
The following are six ways that your life insurance can help you to minimize your tax liabilities.
You can defer the payment of taxes on any growth in your policy's cash value.
Over time, your life insurance will accrue interest and grow in value.
If you are looking for ways to save some money, know that it's possible to lower your homeowners insurance premiums with some simple tips.
Have A Home Security System Installed
Before you rush into getting a home security system, contact your agent to find out what kind of systems will qualify for a discount. There are many types of security systems out there, and simply having one may not be enough.