You work hard to provide for the people you love, seeing to it they have what they need. But what will happen to them when you die? Think about how they’ll be able to pay for such things as your final expenses, debt, the mortgage, care of a child, or a college education for your kids or grandkids.
Life insurance provides them with a sum of money, known as a death benefit. In general, a term policy can help you to meet these needs. If you want a longer-lasting policy, take a look at a permanent policy.