Life insurance is essentially a safety net; a rational attempt to hedge one's own mortality
against financial security for their family.
Not exact matches
Purchase decreasing term insurance
for whatever needs to be insured
against your death: your
family's
financial security, the mortgage, whatever.
A life insurance plan can act as a cushion
for your
family's
financial security against such uncertainties.
However, do keep in mind that Insurance should be your Plan B
against financial contingencies in case of untimely demise and hence, should be purchased at the earliest
for the safety and
security of your
family.
Millennials were even more emphatic about the emotional side of homeownership: 93 percent favor a home
for «more space
for my
family,» while only 75 perent view it as «
financial security to borrow
against.»