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What Is Life Insurance

What Is Life Insurance

Published: Aug 21, 2024

Written By: JB BURNETT

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What is life insurance?

Life insurance is a way you can protect your family and loved ones, even after you pass away. Rather than leaving your family with existing debt, funeral expenses and other everyday costs, they'll receive a tax-free death benefit or payout. This can provide financial security and stability. With a life insurance policy, you're prepared for the worst but can plan for the best.

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JB grew up in Rochester, NY, and served in the US Air Force for 20 years, specializing in finance-related roles, from accounting to base comptroller. After retiring from the military, he earned two BBA degrees in Accounting, Finance, and Business Management. His entrepreneurial experience includes real estate investing and sales. He obtained his Health and Life license in 2013 and completed Certification in Financial Planning from Howard University in 2019, focusing on various planning areas. For over 30 years, he has worked as a Personal Financial Advisor, passionate about helping people with their finances. He aims to assist individuals in securing affordable health coverage, Medicare, and a stable retirement income for a worry-free life. He has served in his church's Personal Finance Ministry since 2003, and is now focused on helping people prepare for retirement. JB is married to Lucy and has two sons, a daughter-in-law, and a granddaughter.

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