A Lesson in Life Insurance
Similar to birth, death involves planning, time and financial resources. Life insurance plays a role in this kind of planning, as financial protection for your survivors and dependents upon your death. A life insurance policy is a sum of money for designated survivors that amounts to a value that you would in your livelihood. While people don’t walk around with price tags stuck to their foreheads, life insurance puts a monetary value on life so that it’s possible to come up with a financial plan for your family if and when your death occurs.