Life insurance benefits are diverse and far-reaching. They range from immediate financial protection for beneficiaries to income replacement, debt repayment, and future planning.

Life insurance is a multi-faceted form of financial protection. Accordingly, there are perks and benefits you should be aware of to truly take advantage of your policy.

Life insurance can bring financial peace of mind to beneficiaries. Browse Investopedia’s expert written library to learn about companies, policies, and more.

With a life insurance offering, employers make an investment by helping foster a more productive and focused workforce – something that will ultimately help a company's bottom line. 3.