Who is Life Insurance for?

A few weeks ago we asked you what you wanted to understand better about money and this week we’re answering one of your questions:

“Do I need life insurance? I don’t have kids but I’ve heard everyone should have life insurance and I don’t know why.”

Good question! Starting a family is probably the most common reason people get life insurance, but it’s not the only reason you might want it. Here’s a short explainer of the 5 questions you should ask yourself when considering if you need life insurance.