Contrary to popular belief, everyone may need life insurance because you will be able to protect yourself one way or another, depending on when you are at a critical time. While life insurance may seem essential for families with children, it can also be a very useful protection tool for those in other situations.
Life insurance protects the future of loved ones against adverse circumstances arising from the death or total and permanent disability of the insured, provides them with financial assistance, provides them with the necessary stability for as long as necessary so that they can progressively adapt to the new situation.
And this stability goes a long way in avoiding serious problems on many occasions.
people who may need life insurance
Anyone with family or personal responsibility, or anyone who is the main earner for their family, should have life insurance.
Let’s see some concrete examples:
Country: If you have children, life insurance will help them support you in the future if you are away so they can pay for expenses related to your life, education or stability. This is peace of mind for both you and them, as they will receive financial support during these difficult times.
Take care of your family’s finances: If your family is your main source of income, life insurance will help and protect you so that they can pay the expenses for which you are normally responsible.
People with a mortgage or home loan: A home is a good investment, and life insurance can help protect it. If you have a home loan contract, the life insurance will be responsible for paying the loan in case of disability or death, thus financially protecting the family and relatives who are not indebted.
Self-Employed or Entrepreneurs: Business owners often have some debt, such as a loan, installment materials, or a single-place home loan. But when the owner fails, the debt falls directly on the heir. A life insurance policy is especially useful for those looking to ensure business continuity and ease the burden on their heirs.
Who is caring for family members: These situations are particularly sensitive, and we know that caregivers may wonder what would happen if they weren’t there one day. With life insurance you can guarantee the care and well-being of that person, whether they are your elders or your dependents.
Who lives in the common-law relationship: If your spouse is financially dependent on you, or if you live on two wages and shared expenses, life insurance will help the other members of the couple maintain their family assets and lifestyle, paying the expenses or pay the cost of a mortgage or other debt.
Anyone who wants a guaranteed peaceful future: Some life insurance policies, such as MetLife Comprehensive Life, offer the added option of electing permanent absolute disability coverage to insure your health in the event of major trauma. A disability that prevents you from carrying out your professional activities.
There is no doubt that anyone can benefit from life insurance as it can help their heirs, family members or close relatives in many cases.
