Why Do People Buy Life Insurance? 
People usually buy life insurance so that others will not suffer too much financially in the event of their death . As we all know , grief can hit people in strange ways , and having the buffer of life insurance proceeds can help loved ones cope without having to make huge life changes in the midst of it . I have a friend who said when his father died , he , his mom , and other siblings had to immediately get jobs . He said his whole life would have been different if his dad had life insurance . People also buy life insurance to leave a legacy to their loved ones by which they will be remembered , or to give to charities , or to enable family members to buy their business , or a realm of other things . There are not many ways that someone can help others from the grave . Having life insurance is one . 