Bob Ley: Hello, my name is Bob Ley and I am Vice-President of Sales with AIG American General. The purpose of this video is to help you make an informed decision when you are considering the purchase of Life Insurance. I think you will find this video helpful. Host: What is Life Insurance?
Bob Ley: Life Insurance I st only financial product that creates an immediate estate in the event of your death, usually, for pennies on the dollar. Life Insurance provides protection on your life and is usually used to replace your income and provide money for your family to continue life on the matter to which they have become accustomed. It is a contract with an Insurance Company with a promise to pay following your demise.