Why Is Life Insurance Important? 
Life Insurance is important , especailly if you are married and plan to have children because it allows you to save money while planning long range . Life insurance is an important piece of the total financial plan that enables tax management strategies , and if you are young by using stock based life insurance enables investment strategies that can build assets while you are in essence doing `` dollar cost averaging '' which minimizes your risk by buying stocks at a regular interval based on the current price of the stock . Before this administration began the `` stock market on steroids '' the share price of stocks fluctuated and the ability to buy at a regular interval meant your overall price per share was decreased while over time the net value per share increased . Life Insurance can enable you to know that you will have the funds to educate the children while at the same time if an emergency happened you had the financial stablity to piece your life back together and continue living a life full of dreams and promises . Life insurance becomes an important piece of the financial plan that enables Estate Planning thereby enabling the parent to pass assets to the children while minimizing tax consequences . For the business owner there are many business planning strategies using life insurance to reach your financial goals . 