Why Does A Person Need Life Insurance? 
There are are number of different reasons a person might need life insurance , but a common use of life insurance is to provide money to replace the income a family loses if the breadwinner dies . Another use of life insurance would be to provide the cash necessary to settle an estate without disrupting existing assets like real estate and/or a small business . Yet another reason for needing life insurance is to provide cash at the time of death that can be used to pay for final expenses such as funeral costs . 