Sort of. Let’s talk about life insurance for a minute. Definitely needs to be at or near the top of the list for everybody. Key here is getting something because reality is that something is better than nothing. The majority of the population can use some financial help when a loved one dies.
This help can be to cover a funeral or other last wishes. It is also important to take some time to grieve. Then of course there are all those household expenses that might be your responsibility. Maybe you have just taken out this policy just so you can leave money to family members because there is no one depending on your income. These are all great reasons to have it in place.