Ask someone why they have life insurance and they'll give you one of a dozen reasons.
They want to make sure their family is taken care of.
They want their children to have something to remember them by after they're gone.
They want to make sure no one has to break the bank just to pay for the funeral expenses.
No matter what their reasons, it always comes down to the same thing.
They want to provide for the people they're leaving behind.
So if you don't have kids, and you're either not married or your spouse has their own insurance, should you even bother shopping around for life insurance quotes? Absolutely.
Let me tell you why.
Somebody's going to have to pay for your funeral.
When you strip all the fluff away and get down to the bare bones of the matter, you're always going to come back to the same thing.
Sooner or later, you're going to be gone.
Your family is going to throw you a lovely funeral, filled with remembrances and excellent food.
Whether you believe you'll be there to watch it or just accept that it's going to take place after you're gone, that lovely memorial service is one of the things that life insurance can help your family afford.
You're leaving bills behind.
Some bill collectors will negate the debt after you've passed on.
(I'm not sure what percentage or particular industries we're talking about here.
You'd have to ask your financial planner about that one.
) Some will demand recompense be made out of your estate.
Which means the house, the lawnmower and your grandmother's antiques? There's a good chance those will have to be liquidated to pay off that debt if your family doesn't have the resources to do it.
Your life insurance can make sure that doesn't happen.
You're leaving people behind.
Chances are, there's somebody out there who depends on you for something.
Maybe it's a spouse.
Maybe it's an aging parent.
Maybe it's a cat.
(Mine's lying at my feet as we speak, piteously looking up at me to remind me that if I wasn't here it would have to live on a diet of mice and birds and that would be just awful.
) What's going to happen to them when you're not there to take care of them? By shopping around for life insurance quotes you can make sure that everyone who depends on you, whether it's your mom, your wife or your goldfish, is going to be taken care of long after you're gone.
Instead of being kicked out with the birds.
They want to make sure their family is taken care of.
They want their children to have something to remember them by after they're gone.
They want to make sure no one has to break the bank just to pay for the funeral expenses.
No matter what their reasons, it always comes down to the same thing.
They want to provide for the people they're leaving behind.
So if you don't have kids, and you're either not married or your spouse has their own insurance, should you even bother shopping around for life insurance quotes? Absolutely.
Let me tell you why.
Somebody's going to have to pay for your funeral.
When you strip all the fluff away and get down to the bare bones of the matter, you're always going to come back to the same thing.
Sooner or later, you're going to be gone.
Your family is going to throw you a lovely funeral, filled with remembrances and excellent food.
Whether you believe you'll be there to watch it or just accept that it's going to take place after you're gone, that lovely memorial service is one of the things that life insurance can help your family afford.
You're leaving bills behind.
Some bill collectors will negate the debt after you've passed on.
(I'm not sure what percentage or particular industries we're talking about here.
You'd have to ask your financial planner about that one.
) Some will demand recompense be made out of your estate.
Which means the house, the lawnmower and your grandmother's antiques? There's a good chance those will have to be liquidated to pay off that debt if your family doesn't have the resources to do it.
Your life insurance can make sure that doesn't happen.
You're leaving people behind.
Chances are, there's somebody out there who depends on you for something.
Maybe it's a spouse.
Maybe it's an aging parent.
Maybe it's a cat.
(Mine's lying at my feet as we speak, piteously looking up at me to remind me that if I wasn't here it would have to live on a diet of mice and birds and that would be just awful.
) What's going to happen to them when you're not there to take care of them? By shopping around for life insurance quotes you can make sure that everyone who depends on you, whether it's your mom, your wife or your goldfish, is going to be taken care of long after you're gone.
Instead of being kicked out with the birds.
