1. 3998 POINTS
    Matt Benore
    Founder, DenverWest Insurance Professionals, Inc.,
    Life Insurance is all about protecting your family, business and supporting future income.

    If you have a family, and they depend on the income you bring home, then Life Insurance provides that lost income of you die prematurely. 

    Life Insurance helps the family to maintain the living standard which you work hard to establish. 

    Life Insurance protection replaces lost revenue from a key employee if they die unexpectedly.   It allows you to protect your company if your business partner dies.

    Life Insurance can provide supplemental income during retirement or leading up to retirement.
    Answered on January 15, 2014
  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Life insurance makes sense when the death of a person would cause a financial hardship for someone else. Those impacted by the death can be a family member, lender, or business, among others. Life insurance especially makes sense when there is no feasible way to save up for the hardship that would be caused by that person's death.
    Answered on January 15, 2014
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