- To Replace Income
- Pay off a Home Mortgage Loan
- Pay off Credit Card Debt
- Pay Off College Loan
- Provide for Family’s Living Expenses
- Fund Spouse’s Retirement
- Pay for Final Expenses Including Burial and Funeral Costs
- Pay for Child’s College Education
- Pay Off Auto Loan
- Leave Money to a Charity
- Leave Money to Pay Estate Taxes
Learn more about common reasons to buy life insurance policies.