Why Is It Important For Women To Get Life Insurance? [And How Much Should They Get?]

If you have a love-hate relationship with insurance, you’re not alone. You love the peace of mind and protection insurance provides but hate seeing premium payments leave your bank account.

Buying health, auto, disability, or homeowners/renter’s insurance helps protect you from being financially devastated by severe illnesses, injuries, accidents, or other events that could happen. Some people even buy umbrella insurance for added liability protection above their standard policies.

You can also obtain insurance protection for your pets, expensive vacations, new cell phones, or your small business to protect your financial house. And with each insurance policy you buy comes another premium payment.

When you add them all up, you might be paying hundreds of dollars on insurance each month!

But what about life insurance?

While the other types of insurance may seem more urgent or essential to you now, life insurance could be the most important insurance you get. It won’t directly benefit you — but life insurance helps take care of the people you love or the causes you care about. And that is priceless.

Why Is Life Insurance Important for Women?