Is it important, something you definitely need or is just some profit for the insurance company like the banks?
Do I place my life into the hands of banks if I apply for life insurance?
What do I gain by applying for it?
Is it important, something you definitely need or is just some profit for the insurance company like the banks?
Do I place my life into the hands of banks if I apply for life insurance?
What do I gain by applying for it?
You gain nothing by applying for it but if you die your family at least has something to fall back on. There are however some insurance companies out there that will fight tooth and nail to not make that payout. Others will pay you instantly. Research.