What is the primary reason people choose to invest in life insurance?

"To supplement retirement savings" "To receive tax benefits" "To protect loved ones financially" "To achieve long-term financial goals"

How can life insurance help with financial liabilities?

"It provides a lump sum to pay off debts" "It offers tax deductions on outstanding loans" "It guarantees loan forgiveness upon death" "It negotiates lower interest rates on existing loans"

Why is subscribing to life insurance at an early age considered beneficial?

"Policies offer higher returns for younger individuals" "Premiums are generally lower at a younger age" "Early subscribers gain access to exclusive policy features" "Younger individuals have a higher risk tolerance"

Besides personal use, what other application does life insurance have?

"Funding charitable donations" "Securing business partnerships" "Investing in real estate" "Managing stock market investments"

What is the key takeaway regarding life insurance as an investment?

"It is a high-risk, high-reward investment" "It is primarily for wealthy individuals" "It is a guaranteed way to build wealth" "It is a responsible step for family financial security"