When planned properly, life insurance can be used as a tool for saving and provide "living benefits" as well as death benefits. There are 3 considerations in purchasing life insurance: benefits, needs, and desires. Benefits must be greater than risk + premium. Life Insurance helps eliminate debts, create a guaranteed return, build a future bank to borrow from and addresses the need for a self completing plan no matter what happens in life.

Life Insurance also helps business owners utilize the power of compounding interest to grow their operations.