Life insurance is not for the person who dies. It is to help and assist the living in carrying on after the loved one is deceased. So fundamentally you buy life insurance to help your family continue on especially in the event that you die unexpectedly or at a young age. Another good reason to buy life insurance is because some types of insurance ( whole life) builds up a cash value from your premiums that you can use in the form of a withdrawal or loan in times of need. Call or visit an agent that can assist you further.
Answered on December 12, 2013