Prepared by Broadridge Advisor Solutions. © 2025 Broadridge Financial Services, Inc. During times of economic uncertainty and when the stock market is volatile, life insurance may be a useful tool to consider. Income protection Finances that were intended to provide support for you and your family could take a hit due to stock market volatility. In addition, rising costs of goods and services might eat into more of your income and savings. If you die, life insurance can be used to help replace some of the savings you may have lost during turbulent economic times. The tax-free death benefit may be used to help provide income to your spouse and family, pay off mortgages and loans, meet tax liabilities, and/or pay for college expenses. Portfolio diversification Certain types of permanent life insurance have a cash value option that can be beneficial during times of economic uncertainty. Some policies offer minimum interest rate guarantees (subject to the financial strength and claims-payi...