The primary reason for buying life insurance is to prevent financial loss for dependents.
Life insurance can provide financial safeguards in addition to death benefits.
The amount of life insurance one needs and the people who are protected change over a lifetime. Consumer publications and ratings services will help you determine an insurance company's ability to pay its obligations. For most consumers, life insurance is a confusing, complex issue. By doing some reading and investigating, you can become an informed consumer, able to choose the best policy for your needs at a price you can afford. This publication explains reasons why life insurance should be bought, who needs to buy life insurance, and where to buy life insurance.