Hello, Steemians!!!
As we grow older, get married, build families and start businesses, we come to realize more and more that protecting our lives is a fundamental part of having a sound financial plan.
Apart from securing your families, Life Insurance has many more significance which we generally don’t think about. Here are some reasons of Why Insurance is important?
➡ TO LEAVE AN INHERITANCE
You can create an inheritance by buying a life insurance policy and naming your kids as beneficiaries.
➡ TO PAY OFF DEBTS AND OTHER EXPENSES
You don’t want your loved ones to be left with any extra financial burden in addition to emotional burden they're suffering from.
➡ TO ADD MORE FINANCIAL SECURITY
Like most parents you probably want to know your kids will be well taken care of when you’re gone.
➡ BRING PEACE OF MIND
No amount of money could ever replace a person. But more than anything, life insurance can help provide protection for the uncertainties in life.
Thank you for reading my piece of stuff.
Well said, its a good investment to tie up to a life policy and its always best to start early when were still young.