Who needs a life insurance policy?
Anyone can benefit from a solid life insurance policy. It is especially important for parents of young children to have a life insurance policy that will prevent the family from suffering a financial loss in the event of one parent’s untimely death. However, older people often look to life insurance as a means of paying for funeral and other expenses that arrise at the end of one’s life. Still others purchase a life insurance policy in order to leave behind an inheritance for their loved ones.