Most Americans have financial debt, future obligations and charitable intent.
And most of us have a family member (or several) who would suffer financially if we were to pass away.
Life insurance is a part of a financial plan to provide financial security for the ones who rely on us for financial support for their future.
many people contribute to the funeral of a family member or friend because there was no life insurance or money to pay for the final expenses.
Not having life insurance when you die can put a great deal of stress upon already traumatized family members if you were to die without any money to at least -ay for your burial, funeral, and final expenses.
You need to look at your situation and determine what your obligation is to those you leave behind, or the message you would like to leave them. Do you want to help those who do rely on you for financial support? Do you want to provide the money to pay for your final expenses?