I was reading an article in your opinion section of your paper,Â and a guy wrote that he couldnâ€™t figure out why you have life insurance â€¦ it just made the life insurance companies rich.
Really, we should have and keep life insurance for several reasons.
If you are married and have kids and if something happens to you, it will pay for your funeral so others in your family donâ€™t have to, and it will take care of your kids and wife, if you have a really big policy.
If you are single and donâ€™t have any kids, you can still have a life insurance policy. You donâ€™t have to be rich to have life insurance; my girlfriend and I have a life insurance policy and we are retired and live on Social Security. We each have a beneficiary in our families.
Life insurance is not always expensive. You have to check around with different companies for a better price.
But the main reason you have life insurance is, if you donâ€™t have any when you die, you can be cremated and some people have ended up being cremated that didnâ€™t want to be cremated, and thatâ€™s sad.
So I strongly advise any people in this area and the people across America that donâ€™t want to be cremated after they die, to buy and keep life insurance their whole life.