Some of the most common reasons for buying life insurance may include the following:
- To replace your income for your family.
- To pay off your home mortgage loan upon your death.
- To provide for your child's college education.
- To fund your spouse's retirement.
- To pay off credit cards and personal loans.
- To maintain your family's lifestyle.
- To pay for monthly living expenses for your family.
Learn more about reasons to consider buying a life insurance policy.