Most people look at life insurance as a big burden. Statistics show that there a good number of breadwinners who do not have a life insurance policy. Most families would not survive if their breadwinners lost their lives. Buying life insurance is beneficial to women as well as it covers medical expenses, in fact, they are hit with terminal diseases such as cancer. Most people comfort themselves that they don’t need life insurance cover since they have other types of insurance.
The good thing with a life insurance cover is that it would pay all your debts including mortgage payments in case of accidental death. Life insurance cover would also take care of all the funeral costs as well as educational costs for your kids. You can purchase life insurance coverage if you are married, have children or plan to take a mortgage. There are different … Read the rest