Persuasive Essay On Life Insurance

708 Words2 Pages

Life insurance plays a pivotal role in our life. You should not overlook it by any chance. You will realise that it will offer you and your business stable protection that is required in this world that is constantly changing. However, some people usually ignore life insurance. Some think that this plan is too complicated and too expensive. Nobody knows when he or she will die. However, death will eventually take its place. This is the reason why you need to consider taking a life insurance policy. It can help you protect the loved ones against the unknown in the event of your death. There is no amount of money that can replace a person, but the right life insurance policy can help to mitigate the situation in the event of death. A life insurance …show more content…

Enables your family members to sustain their living You might be the breadwinner in your family. This means that your children normally depend on you to provide for them. In this case, you might be the one paying school fees, buying clothes for your loved ones and so forth. In the event of your untimely death, your children can suffer. They might not be able to pay school fees on their own. If you live in a rented house, they might not be able to pay rent. You will realise that their standards of living can be greatly affected. This is the reason why you need to take a life insurance policy. It can help to cater for these expenses in the event of your death. 2. Protects you as well as your family members against financial risks. The life insurance will help in protecting you and your family members against financial risks. Your children will have more financial security. This means that they can readily start their own businesses after school and become entrepreneurs. Your children will be well taken care of when you are gone. This insurance will help them to get quality education and enable them to venture into other areas after school. This is the other reason why you should consider taking a life insurance

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