Do you need Life Insurance?

It depends on your situation. Several key questions follow below to help give you an idea of signals pointing to "yes".

1. Are you married?

2. Own a business?

3. Dependent children?

4. Other dependent relatives? (seniors, disabled)

5. You possess a formidable estate

6. Currently have major financial obligations? (mortgage, multiple loans)

A good life insurance policy would handle the financial responsibilities you left behind so family members wouldn't be burdened. Unlike the funds from an estate, the benefits from a life insurance policy will shoot straight to the beneficiaries, without any roadblocks.