The best way to answer whether life insurance is a worthwhile investment is to ask whether your death would have a financial impact on those around you.
If the answer is yes, you need one!
Now, who should definitely go for Life Insurance?
- Parents with dependents– Having life insurance will ensure that children who require lifelong care will be provided for after their parents pass away.
- Young adults who want to build corpus– Younger people who don’t have dependents but want to create greater wealth for the future.
- Business owners – Organizations, companies, and firms can purchase life insurance policies for employees whose deaths would create severe financial hardships for their organizations.
For more information on investment assets, you can rely on Future Value, a pool of financial experts that can guide you through this and help you in your investment journey.