There are many reasons why life insurance is important. However, simply put, life insurance is the simplest, most popular and cost effective way to financially protect any dependants in the event of your death. While it does not lessen the grief your family will feel, life insurance guarantees that your family will be provided with the necessary funds during an already stressful time.
It will ensure that your family is not left carrying the financial weight of things like final expenses (funerals, medical costs, etc.), caring for dependent children and costs associated with the estate of the deceased.
In short, it is always a good decision to discuss with an insurance respresentative whether or not life insurance is right for you and your situation.
No comments:
Post a Comment