1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Life 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, 2013
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    You 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, 2014
  3. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>