Why should I buy life insurance is such a good question that it deserves a good answer, To answer it simply the main cause of getting life insurance is so that when you pass on, your siblings or whoever inherits your assets will have the ability to give you a proper burial as well as making sure they are taken care of financially.
That sums it up but its goes into more depth, you can choose who among-st your family can get what portion. So when your in the market for life insurance the best thing to do is think of all the different things you want taking care of, That way you know what type of plan your looking for. For example, you can have your money giving to your family in a lump sum or you can have it spread out through years to avoid your family from spending all at once. Life insurance is also allows for your family to pay any debts that you had before your passing which will be added to whoever inherits it. So the next time you ask “Why should I buy life insurance”, the reasons outweigh the monthly payments.