You won't have to worry that mortgage payments, credit card bills, or school loans become a burden for those left behind. Life insurance basically let's you shift some of the financial risk and responsibility to your insurance company. You pay the premiums. They assume the risk. The more informed you are about life insurance, the better off you'll be when it comes time to make a decision.
Life insurance is relatively simple.
Your beneficiaries can use this money to pay for your funeral or burial expenses, as a replacement for lost income, or to offset estate taxes that result from your death. What they do with the money is not as important as having it in the first place. That part, however, is up to you. Yes , if others depend on your income for financial stability. No , if you do not have any financial dependents.