Life Insurance Endowment Policy
In the case that you’re married, without kids, living alone in a home, you’d definitely need life insurance. When you die, your husband or wife will likely not be able to maintain all of the expenses you made together: the insurance money paid could help them and may either be settled in a lump sum, or a percentage of it can be paid monthly. If something like this would take place, your partner wouldn’t be left with a financial lurch.
Read also: What is an Insurance Adjuster