•10. To protect your family if you lose a job or change jobs that had provided life insurance.
•9. To pay for funeral expenses, loans or any outstanding debt.
•8. To cover your childrens’ future education expenses if you are not there to provide.
•7. To provide funds for your family to pay off a home mortgage.
•6. To protect a business by letting partner/beneficiaries buy out a deceased partner’s business interests.
•5. To set an example of responsibility and family values for your children.
•4. To provide child care or elder care for aging parents if the top caregiver/provider passes away.
•3. To provide peace of mind for your loved ones in uncertain financial times.
•2. To comfort your loved ones in a difficult time of loss and grief.
•1. You do it for love. To insure those you love the most by leaving them a legacy of your life.