Sep 27, 2012
Hi I am 28 years old. Why should I buy Life Insurance.
Response from Mr. Chambers
Who is going to suffer if you are no longer alive? Will someone suffer financially? If so, that could be a reason to purchase life insurance. If you have or plan to have children, you may want to consider it.
If you have no one dependent on you, the only reason to purchase life insurance would be to buy a small policy to cover final expenses and pay off debts.
Regardless of what a life insurance agent may tell you, life insurance is an especially poor investment.
I hope this helps, Jacques
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