The Importance Of Life Insurance

[honeywolf7]

I know all of you probably know this already, but I was reminded today how important life insurance is. I told you guys yesterday that one of the barbers that worked in Roger's shop died this week. Well, the family (and Roger since he was trying to help plan the funeral) found out today that the man didn't have life insurance. Since the family doesn't have enough money to pay for the funeral out of their pockets, they're going to have to have the state bury him. It's a very sad situation and one I would never want to leave my loved ones in.

 

[NancyIL]

That's very sad, especially since term life insurance is quite inexpensive.

While we're on the subject, be sure you parents also have a will and have named guardians for your children! My DH and I bought life insurance and had our wills done when I was pregnant with our first child.