Life insurance is an important financial safety net that protects your family’s financial future by providing them with funds after the policyholder’s death. A life insurance payout can help your family pay for funeral expenses, housing costs and other bills.
Life is expensive, but death can be just as costly, and life insurance gives your family time to grieve without worrying about finances. Efinancial gives you five reasons it’s important to have life insurance and plenty of facts and figures in the below infographic. [Source]