Is Life insurance a thing in 2023?

[Henrywrites]

Life insurance is basically an insurance that augments against someone losing his or her life. Do you think life insurance is still a thing in 2023? Do you take investing in life insurance seriously? I have seen people that believe that investing in other type of insurance brings better return than getting into life insurance.

[Ravenfreak]

Life insurance is very important, no matter the year. This can help cover the cost of your funeral, and put a less financial burden on your loved ones. Death is the one thing we all have in common, and it isn't cheap. I feel like it's something every single living human should invest in.

[Debashis]

Yes, life insurance is still relevant in 2023 as it provides financial protection for the insured's beneficiaries in the event of their death. The decision to invest in life insurance depends on individual circumstances and financial goals. Some people may prioritize other types of insurance for different returns, but life insurance remains an important consideration for many individuals and families.

[The Raven]

I think that this is very depending on the country you are living in. If it is a very peaceful country there is pretty much no need. Of course, it may happen you get hit by the car or some unwanted accident but it is very unlikely to occur. I have seen cases of women killing their husbands just to get insurance money for his death. That's wild but it happens.

[freelancermaria]

Well, it is a thing in 2023 and it will continue to be a thing in the coming years. Acquiring life insurance is beneficial for your family, especially children, in replacing the income you have lost, in giving you peace of mind, and many other things.