Is Life Insurance Really Necessary?

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   Peggy Mace

   Most of the U.S.

   There are other ways to save up or invest in order to provide funds to those who would suffer financial loss upon your death. However, those funds do not accumulate overnight, whereas life insurance will pay within hours of it going into effect. Also, those funds are always in danger of being depleted for medical bills or other emergencies, whereas Term life insurance only pays out upon death. To me, these are the two most compelling reasons that Life Insurance is really necessary.

   Answered on June 12, 2013

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