As a financial planner, I always recommend life insurance to 3 types of people

  Life insurance provides financial support to families in the event of a loved one’s death. It’s an important pillar of the vast majority of financial plans. In my years working with clients as a financial planner, I’ve identified three types of people who absolutely need life insurance: married couples, people with dependents, and business owners. If anyone depends on your income, having life insurance ensures they can continue to pay bills in a time of grief and mourning. Sign up to get Personal Finance Insider’s newsletter in your inbox »

The economic goal of life insurance is

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