Life insurance is it necessary? / myLot

January 16, 2017 11:31pm CST

I have a few policies, and looking to add another but wondering if it's really necessary to have it in the first place? How far out would you carry it? And how much might you buy? Thanks, Jon

4 people like this

5 responses

The Sunshine!!

@shaynas (5488)

• India

17 Jan 17

I think having one life insurance is important for the family to feel safe if something goes wrong. But for sure, i won't take too many policies and burden myself financially.

1 person likes this

Kokil agarwal

@amitkokiladitya (171936)

• Agra, India

17 Jan 17

If the premium does not overburden you then it is worth an investment

1 person likes this

Toni

@toniganzon (72279)

• Philippines

17 Jan 17

Both my parents were killed when I was 13 years old. They had life insurance. That helped a lot. Now I have my own life insurance and when the time comes that I pass away, I hope that it would be able to help my kid get through life without difficulty. Unless he decides to spend it all.

1 person likes this

Judy Story

@jstory07 (134679)

• Roseburg, Oregon

21 Sep 20

Just get enough to bury yourself unless you have a family than get enough to pay all the bills that you would leave behind.,

@mochang (574)

• Philippines

21 Sep 20

I think it is necessary to have