This question has always popped into my mind and this is why I'm asking everyone to know if truly life insurance is important or not. I am very sure that we all know what life insurance is. Life insurance is the money that they pay the family of the deceased after death or after a particular period.
Life insurance is very important especially when it has to do with the breadwinner of the family. Imagine that the breadwinner of a family dies without insuring his life. This means that he has nothing left for his family or his entire household.
It is also good to have life insurance so that whenever one dies the money paid by the insurance company will be enough or maybe enough to start a business for the family members and also to clear some debts on them.
I see having life insurance as a form of investment so that when the deceased is gone, his family members will have something to look up to. Even though the deceased will not benefit from his or her life insurance, it is very sure that the loved ones of the deceased maybe brothers, sisters, or children will benefit from it and it also means that you are trying to save up for your family even after your death.
Life insurance is very important especially when it has to do with the breadwinner of the family. Imagine that the breadwinner of a family dies without insuring his life. This means that he has nothing left for his family or his entire household.
It is also good to have life insurance so that whenever one dies the money paid by the insurance company will be enough or maybe enough to start a business for the family members and also to clear some debts on them.
I see having life insurance as a form of investment so that when the deceased is gone, his family members will have something to look up to. Even though the deceased will not benefit from his or her life insurance, it is very sure that the loved ones of the deceased maybe brothers, sisters, or children will benefit from it and it also means that you are trying to save up for your family even after your death.