Why Should I Buy Life Insurance?

Any number of reasons. It varies from individual to individual, but there are some more common reasons. They include the following:

  • Income replacement or supplement
  • Money to cover future funeral expenses that will be placed on your survivors
  • Money to pay off the debts and bills you might leave behind
  • Money to pay off medical bills
  • Mortgage life insurance
  • Money to leave behind to dependents/beneficiaries should you die before they can support themselves
  • Money for those dependents educations and other needs

Those are just some of the most common, more important reasons to buy life insurance. However, as stated before, it varies from person to person and by individual situations as to why a person needs life insurance.