Sikapa
Verified member
Well, all I can say is not everyone needs life insurance and therefore, you have to need it before you can go for it. When we talk about life insurance is it specifically for your family members or who so ever depends or rely on your earnings. You buy life insurance so that when you die, your dependents can also live good life as your were living with them.
In short, life insurance is is replacing your earnings in your absence. I hope this definition is so clear to everyone. Therefore if you don't have a dependents due to one or two reasons then you don't need to go for life insurance because it does not mainly cover you yourself buying the life insurance. What we have to take note is children rarely need life insurance because they almost never have dependents and other people don't rely on their earnings. This is the reason why I see life insurance as not for everyone
Do you have other opinions or reason why life insurance is good for everyone?
In short, life insurance is is replacing your earnings in your absence. I hope this definition is so clear to everyone. Therefore if you don't have a dependents due to one or two reasons then you don't need to go for life insurance because it does not mainly cover you yourself buying the life insurance. What we have to take note is children rarely need life insurance because they almost never have dependents and other people don't rely on their earnings. This is the reason why I see life insurance as not for everyone
Do you have other opinions or reason why life insurance is good for everyone?
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