What is the advantage of having life insurance?
I'm wondering what is the advantage of having life insurance over personally saving or investing the money?. What does a person gain by buying insurance that he/she cannot gain by investing in stocks or saving?
I know it aids dependents upon death, but i believe a person could invest or save the money and simply write a will to ensure the funds are given to dependent persons.
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Answer by jlf
The primary purpose of life insurance is not to be an investment. It is to protect those survivors who depend on you financially.
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Big insurance: Sick of it health care reform rally
Image by Steve Rhodes
near the offices of Anthem Blue Cross
moveon.org
healthcare.barackobama.com
healthcareforamericanow.org
www.healthcareforallnow.org
www.billionairesforwealthcare.com
www.peninsularaginggrannies.org
Documentary on the Raging Grannies
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The Waiting Room, a documentary on Highland Hospital in Oakland which is posting short videos during production
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