Life Insurance is an intangible asset: The Real Benefit

When looking at life insurance, we must consider this as an intangible asset. We might not feel as excited buying it as we would in case of buying a house, or a car or a toy but it is way beyond that. The real benefit of life insurance is in its ability to payout upon death, a tax free benefit. It gives you that peace of mind that your family will be financially in a good position with almost no changes in lifestyle.