Is It Smart To Buy Life Insurance? 
I believe it is smart to have at least some life insurance . If left untouched or managed properly , the proceeds will pay upon your death , which is the time when your loved ones need it . It goes to them tax free , in most situations , and bypasses probate . The money can be paid to them in a lump sum or in a stream of money over many years . No matter what other investments you have , it seems smart to include life insurance in your portfoliio for its favorable traits as they relate to survivors . 