A life insurance is a must. I always keep in mind the situation my best friend was in. His mother died and he thought he would be incurring loan after loan to finance the burial and pay off the hospital bill. Guess what? My best friend didn’t need to apply for a loan anymore. Turned out his mom took out five different life insurance policies and made her only son the beneficiary of each one. He was able to use one policy for the burial and hospital bill. The rest saved for his future. He was able to buy a condo unit from the four policies.
Imagine that!
I would like my dad and my siblings to have something to fall back on should something happen to me. So a life insurance is a must. This 2010, I resolve to get one.
