Reasons why we need life insurance?
It can help to financially support family
Life insurance is about securing and support the family. Incase there’s something happened, it will financially support your family even you are not there, the family have enough time to cover and adjust their life, and also protect their asset
Peace of mind
You don’t have to worry about yourself, liabilities, your family’s assets, and your future if you buy a life insurance, why? simply because incase something happens, the sum that your family will receive can cover or partial-cover of your family liabilities, the income, and also the future of your child/childrens
Protect the child’s future
This is one of the most reason why you need a life insurance, it can protect your child’s future like his/her education, cost of living, and also the house they will stay.
In case something happened, you can’t work anymore. It can hinder the growth and savings of your family because you still have bills to pay. Income replacement served as the protection of your asset because you can’t work anymore due to accident.It will give you some money to cover like bills, foods, and etc.