We often hear questions about exactly who needs life insurance, or how to benefit from an annuity. Your need for life insurance has less to do with age or marital status, and everything to do with the answer to one simple question only you can answer; "Would my death leave anyone in a financial bind?"

An annuity, on the other hand, can be used as a death benefit or for additional income while you're living. So which one is right for you?

Once you've established the need for life insurance or annuities, you'll need to consider things like types of policies, tax implications and amount of coverage. The options can seem overwhelming. That's when you'll appreciate the insight of a licensed Nodak Insurance agent.