Top 10 Reasons You Should Own Term Life Insurance

By Ivon T Hughes
Top 10 Reasons You Should Own Term Life Insurance
Figure 1. Top 10 Reasons You Should Own Term Life Insurance

The top ten reasons why you should own term life insurance are:

  1. Because your ability to continue to work and be a provider is one of your family’s biggest assets.

  2. Because you know your family will have to replace your income somehow.

  3. Because you want your family to be able to stay in your home.

  4. Because you want your children to have the education opportunities you’re not done saving for.

  5. Because you want your spouse to be able to stay home with the children for a while rather than have to go to work right away.

  6. Because you want your surviving spouse to be able to go to school if he or she wants.

  7. Because you want your family to have food on the table and clothes as the children grow even if you’re not there to provide it.

  8. Because you don’t want your family to have to worry about money.

  9. Because you don’t want your final expenses and funeral to be a financial burden on your family.

  10. Because you love them.

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Ivon T Hughes
Phil Barker

About the Author

Phil Barker

Phil Barker is a leading expert on life annuities in Canada. LifeAnnuities.com has different financial products and has been a recognized authority since 1972.

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