Life Insurance

Yes, life insurance is essential for protecting your loved ones financially in case of your unexpected death. It helps cover expenses like funeral costs, debts, and living expenses.

Absolutely! Life insurance provides peace of mind knowing your family is financially secure. It can also be a valuable financial tool for wealth planning and tax benefits.

The main disadvantage is the cost, especially for older individuals or those with health issues. However, the protection it offers often outweighs the expense.

It’s best to have both. Life insurance offers immediate protection that savings alone can’t provide. Combining both ensures long-term financial security and immediate coverage.