1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    You should have a life insurance policy if there is someone in your life who would be hurt financially by your death, or if you want to make things easier for those who are left behind. You can also use life insurance to give to charity, pass an estate on to your descendants, or create a way for a business partner or family member to carry on your business. 

    There are so many reasons to have life insurance. Some are personal, some are practical. It might help to envision you as being the recipient of someone else's life insurance benefit, in order to visualize how having a policy on yourself might be of benefit to others.
    Answered on June 19, 2013
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