Why Get Life Insurance?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaLife insurance protects the people that depend on you, whether family, business associates or charitable organizations. Who would suffer from your economic liabilities, or future financial commitments or contributions to a non profit organization if you died? Protecting your beneficiaries is the first step in good stewardship and defensive planning.Answered on August 20, 2013flag this answer
- 37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaYou need life insurance on your life if you owe someone money, or you love someone. Your death will have consequences, regardless of when it happens. You can ease the pain for those you love should you die prematurely by providing enough money to pay off debts, final expenses and providing additional income through what will be very difficult times. If you have charitable interests they can be addressed with life insurance as well.Answered on June 2, 2014flag this answer
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