This video for ING’s Be Good at Money tells how life insurance is a way of supporting and protecting precious family members if the worst happens. It suggests speaking with a qualified agent to talk through terminology and the types of life insurance available.
Needs go down as well as up
An earlier article explains that life changing events – such as marriage, buying a house or having children – might influence the amount of life insurance a person wants. Those needs will likely rise and fall throughout life as circumstances change.
As this video says: “Think of it as a gift to your children. Because no matter how careful you are, none of us know what’s round the corner.”