Do You Need Life Insurance?

No one knows what will happen in the future. Period of our earthly life is a mystery that only God knows. To find out whether you need life insurance, the following questions are the most fundamental:

How many people are financially dependent on you?

The person can a spouse, child, parent, brother, etc.. If you answered "no", you probably do not need to participate in the life insurance program. You can invest your money elsewhere.

Instead, consider buying life insurance if you: Are married and your spouse depends on your income have children Have parents or siblings disabled / not self-dependent on your income Have no savings, pension, or investments sufficient to support your loved ones after you die Have business continuity depends on your Want to donate endowment fund when you die In addition, whether consciously or not, some kind of work is more dangerous than others. If you work in dangerous jobs such as construction, mining, airlines, courier services, security and others, you need more life insurance than if you work on a sector relatively more secure.

Do not wait

If you are already aware of the need for life insurance, do not wait until you actually need. At that point, you may be old, ill and unable to buy insurance without premiums are expensive. Have little protection is better than no insurance at all.