Believe it or not at this stage of life for most of us, having an umbrella policy is more critical in protecting your estate than life insurance.....although it would be wise to have a certain amount of both. Each individuals needs are different.
If you have substantial assests and need an umbrella policy but dont have it and then you are involved in a bad liability lawsuit, you can lose everything you have, whereas when (not if) you die and have no or little life insurance, your estate just doesnt have as much!
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