Why 2020 Should Be Your Year to Buy Life Insurance
January 15, 2020 by Esther Trattner
It’s not something any of us ever wants to think about, but what if you were to die suddenly? How would your loved ones handle not only the emotional loss but also the financial cost?
Life insurance can cover the loss of your income from the household, plus offset your funeral expenses and pay off outstanding debts. While creditors might try to go after your assets or your family members to pay off debts, they can’t touch life insurance benefits.
In this way, life insurance offers you and your loved ones peace of mind — and it doesn’t have to be expensive.
Multiple surveys have found that around 40% of U.S. households have no life insurance. If it’s something you’ve been putting off and putting off, make 2020 your year for taking action.
Not convinced? To understand why life insurance is so important, you first need to understand what it does.
Click HERE to read the full story via Yahoo! Finance
