When Should You Stop Buying Life Insurance? 
If you have no ongoing financial liabilities or those liabilities are already covered with an existing policy -LRB- s -RRB- , youre done for all practical purposes . However , many consumers like the idea of making a difference in their favorite charities , children and grandchildren . But if thatis n'ta desire andyou ` vecovered all you financial liabilities , you can put your check book away . 