There are many different reason someone may have a need for life Insurance protection. Life insurance provides you with peace of mind knowing your loved ones will have financial security upon your death. Many people choose to buy life insurance to replace their income for their loved ones should they pass away unexpectedly. In addition, life insurance is used to: 1. Pay for Final Expenses. 2. Pay off a home mortgage loan. 3. Provide funds for your child's college education. 4. Maintain your family's lifestyle. 5. Pay for your family's monthly living expenses. 6. Provide for your spouse's retirement. 7. Create an inheritance for your heirs. These are just a few of the more common reasons people may have a need for life insurance.