Why do you need life insurance? It’s actually not something that you get for yourself – it’s for your loved ones. It’s for their future financial security and a way for you to be sure that whatever happens, your family will be stable far into the future.
Life insurance was created to ensure that your family’s lifestyle will not change if you pass away. It’s also used in meeting other financial needs that you family might have in the future. Examples of these needs are: replacing sources of income which might be lost, reducing your mortgage, paying off debt from … Read more at 2009 Tax.