Why should I have life insurance?
Although life insurance does not need to be a part of every person's estate plan but, every beginning has an end, and it awaits each one of us. Therefore, it is better to be prepared for all the expected and unexpected.
If you're asking yourself this question, don't worry! Many people do wonder why they should get life insurance.
Firstly life insurance is something that is crucial, more crucial than most people think. A lot of people think that they are invincible, and accidents cant happen to them so that's why they don't bother spending there money on life insurance. If an accident does happen to you and you do have life insurance, it can really save your family from so much more pain then that you have already caused. So don't forget people life insurance is crucial! It will save your family!
What is Life Insurance?
Life insurance pays a benefit to your survivors (known as beneficiaries) in the event of your passing also is one of the easiest ways to help protect the ones you love, and is often seen as the foundation of a strong financial plan.
Life insurance is a protection against the loss of money that would result if the insured person passed away. If you didn't have life insurance and you died due to an accident, your family would have to pay quite a lot of money.
Resuming
Life Insurance pays out a sum of money either on the death of the insured person or after a set period.
No comments :
Post a Comment