When Do People Get Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    People often get life insurance when they are faced with their own mortality, such as after being diagnosed with diabetes. Many purchase life insurance when they take on a responsibility that will not end upon their death, such as getting married or having a baby. Lots of people purchase life insurance when they do their estate planning. And thousands of people buy funeral policies after the death of a loved one, or when preparing for their golden years.
    Answered on September 18, 2013
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