Last Updated on April 26, 2021
6. YOU MIGHT NEED EXTRA COVERAGE THAN YOU’VE EXPECTED!
If you think that life insurance is only meant to cover your debts and funeral expenses, then, you are wrong! In fact, one of the most important reasons why you need to purchase a life insurance policy is to guarantee a happy and comfortable life for the people who depend on you in case something bad were to happen to you!
7. LIFE INSURANCE POLICY PAYS OUT QUICKLY
Life insurance pays out quickly and that’s because it doesn’t get tangled up in estate claims! Sometimes it might even pay out in days, weeks and most of the times inside of the month!8
