Adviser to discuss benefits of life-insurance policies

Just how good of an investment is life insurance? Bob Arms of Marotta Wealth Management Inc. in Charlottesville will discuss the differences and benefits of permanent and term lifeinsurance from 7 to 8:30 p.m. Wednesday at the Tuckahoe Library on Starling Drive in western Henrico County. The talk is presented by the National Association of Personal Financial Advisors Consumer Education Foundation, a nonprofit group.

Arms will discuss the pros and cons of both types of policies. His talk will center on how individuals can look at the two types of policies, their the returns and costs, and then make the best decision. The key, he said, is to analyze life insurance as a piece of property and an investment tool, rather than something that remains stagnant. Life-insurance benefits can be looked at as either life benefits or death benefits. The important thing is figuring out which is best for each individual, he said.

Arms said he will make his presentation as an adviser and has "absolutely nothing to sell." He has sold life insurance for nearly 30 years, and each type of policy has its benefits.

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