Life insurance is important to you as it can be a very good tool for you to cover your debt after you die. Sound cruel but it is true. Just imagine of this situation :
You have a family which consist of your wife and three kids. Your total debt including the mortgage is around $100,000. What if you die tomorrow and you don’t have any savings left behind. Who will pay balance of your debt? With a good premium of life insurance, you can alway protect your family by insured yourself with the total nett amount of your debt. So if you die tomorrow then your wife can make a full settlement of the debts using the insurance money.
One good solution if you are a smoker. According to some research, smokers are tend to die faster than the normal people. Normally some of the insurance company will reject your application or they will charge a very high premium for the smoker. If you are a smoker, you can still enjoy purchasing insurance coverage for a reasonable rate by working with the right company. Do you know the fact? So don’t worry if you are a smoker, there are always a solution for all the problems in the world.