Negative things that could happen without Life Insurance? Your family will be left behind to pick up the pieces. Putting your family in a bad financail situation.

The importance of life insurance is to protect your loved ones, pay off debts and expenses, finacial security, and peace of mind. Also to leave a inheritance.

Life Insurance- Insurance that pays out a sum of money either on death of the insured person or after a set period.

Two types of Life insurance.

Term insurance- For people that need insurance for a short period of time. It's inexpensive if you are younger.

Permanent Insurance- More expensive. So why buy it??? With permanent insurance you are investing into a reserve account and will also recive tax benefits

Heath insurance is very important. It will help cover for expensive medical bills that you wouldnt be able to pay without it. If you dont have heath insurance you are putting yourself and loved ones at risk.

A program managed by the Social Security Administration that insures a worker in case of a mishap. Disability insurance offers income protection to individuals who become disabled for a long period of time, and as a result can no longer work during that time period.

Travel insurance  is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one's own country.

It is important to have travel insurance because, if something happens when you are away from home you need to be covered. It also helps keep your peace of mind.

All insurance is important. Even if you dont see the point in it now. It will save you money in the future. Anything can happen at anytime and that is why it is important to be covered at all times.