Your loved ones are financially protected by life insurance in the case of your passing. It can help cover expenses such as funeral costs, outstanding debts, mortgage payments, and provide ongoing income replacement for your family. There are various types of life insurance policies, such as term life, whole life, and universal life, each with its own features and benefits. It’s critical to evaluate your financial objectives and needs in order to get the best policy for you. It’s also important to periodically check your policy to make sure it still applies to your present situation.