Is Life Insurance An Investment In Nampa Idaho

Readers Question: Nathan lives in Nampa Idaho and is question is: “Is life insurance an investment in Nampa, Idaho.”

Nampa is the largest city in Canyon County, Idaho and the second largest in the state. Nampa is growing fast, with new homes, new shopping centers and new roads. Treasure Valley Marketplace north of the Karcher Interchange has Costco, Target, Best Buy, Cost Plus World Market, Olive Garden, Michael’s, DressBarn, Old Navy, Bed Bath & Beyond, and Kohl’s. Across from it, Sportsman’s Warehouse is currently under construction. Off the Garrity Exit, near the Idaho Center, Nampa Gateway Center has J.C. Penney. Other large retailers such as Wal-Mart and Sam’s Club are in the same area.

Nathan, thanks for asking. Life insurance isn’t an investment. A life insurance policy is generally guaranteed to pay death benefits when the policy holder dies. Life insurance is an essential part of financial planning. One reason most people buy life insurance is to replace income that would be lost with the death of a wage earner. Life insurance is provided at no cost to the employee. Coverage equals the annual salary rounded up to the next thousand, then doubled.