My grandparents were fiscally conservative which included having life insurance. My grandfather cashed out his life insurance policy and used it as a downpayment for our legacy home back in the mid 1960’s. My aunt cashed out her life insurance policy to pay medical debt.

These are just a couple of examples of getting a living benefit of life insurance. A person can pay off student loans and even start a business with it.

Watch the video below where I give you more reasons to invest in life insurance.