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Who needs life insurance? If you have people that depend on your income, you may want to give it some serious thought.
A life insurance policy can provide a financial safety net for loved ones in case the unexpected happens. If you’ve got dependents or loan cosigners, it can be a good idea.
Who are dependents? They’re anyone that depend on you financially (your partner, kids, an elderly parent, younger sibling). Life insurance can help pay the bills if anything should happen to you.
A life insurance policy can provide a financial safety net for loved ones in case the unexpected happens.
Term life insurance may be a good option compared to whole life for those who are looking for an affordable way to obtain a policy that covers you for a set amount of time. This can be 10 years, 20 years, or more, depending on what you choose.
And getting a policy may not be as expensive as you think.
Jamie Hale, the CEO and co-founder of Ladder, tells me everything I ever wanted to know about life insurance, but was afraid to ask.
Getting term-life insurance has never been easier. Just click here to get a quote.
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Disclosure: Stash is a paid marketing partner of Ladder. All content herein is for informational purposes only.