How much life insurance do you have? Do you have enough to pay for all your debts in the event something happened to you tomorrow? If you don’t, then you need to get more life insurance.
Why many people don’t get life insurance.
Now, I understand that most people don’t like paying for life insurance as they feel like nothing is going to happen to them so they think there really is no point in paying for it. What you need to know is that nobody knows when they are going to pass away, and since eventually you will pass away, you might as well be ready for it when it is your time to go. Many people put off making a will as well, but just like it’s important to have a will, it is also very important for your family that you get a life insurance policy. Let me ask you one thing, why do you buy car insurance if you don’t think you will ever use it? Don’t tell me that you have it because it is against the law to drive without it because you know the reason you have it is because it will save you from paying thousands of dollars in the event that something terrible happened and you got into an accident. The difference between life insurance and any other type of insurance, is that with life insurance you know that someday it will be used, not by you, but by your remaining loved ones.
