Why Is Life Insurance Important? 
Life insurance is important to many people because it is the only way they will ever be able to afford to leave money for their loved ones and financial obligations . Saving up $ 100,000 can take some people a lifetime . However , purchasing a $ 100,000 life insurance policy is affordable for most people . There are many other reasons that life insurance is important , to different people , for different reasons . In my experience , though , no reason reaches the level of importance in the minds of those who buy life insurance , as the reason above . 