The goal took the life insurance

In a financial planning family finances primarily serves financial protection life insurance if the insured dies. For example, if I was insured of a life insurance product and dies tomorrow, then the insurer will provide insurance money (compensation) to those who I leave behind is my heir.

The goal took the life insurance

1. The goal took the first life insurance to cover the potential loss of revenue caused by the death of the participants (clients) eg If a father as the breadwinner dies, the family will lose a source of income. Now by following this life insurance the family left behind will get a sum assured that can be used as a substitute for the lost revenue, at least temporarily.

2. In addition to covering the potential loss of revenue objective is to take life insurance to cover potential losses caused by the death of the participants (clients)

For example if someone has a debt such as loan arrears are still running or other debt then he needs to have life insurance, because if not, if something bad happen to him so he would incriminate the person who left (to pay the debt)

From the above objective, the question is whether everyone needs life insurance? Of course not, because not everyone has financial obligations, such as an unmarried or have no dependents (children) he has not had a financial obligation, if she dies then her family will grieve, but the death he did not make the heavy family burden financially with note he does not have large amounts of debt.

The new baby a few months old, children, they are another example of people who do not need life insurance, insuring jiwakan they are something quite unnecessary, because they usually have no financial obligations towards his family.

Another example can be seen in the article to anyone who does not need life insurance.