What Does Life Insurance Provide? 
What does life insurance provide ? For me , piece of mind and control . The piece of mind comes from the fact that I have thought about my family and had taken steps to provide for them if for any reason I pass away . The control part comes from the type of life insurance I chose to own . I own whole life . The insurance company ca n't raise the premium on me , ca n't do anything to the policy without my consent and the policy ca n't go backwards in cash values . That 's what life insurance provides me . It may be something entirely different for someone else . 