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The Value of Life Insurance Throughout Life Stages
Life insurance is crucial to cover financial needs and problems that arise due to unexpected death. Even as one gets older, life insurance continues to provide value by offering peace of mind for those who may not be exceptionally wealthy. It can be beneficial in scenarios like a terminal illness diagnosis where additional funds for medical care or fulfilling last wishes become necessary. Having life insurance ensures that one can spend quality time with loved ones or fulfill personal wishes without financial constraints, enhancing the overall quality of life during challenging times.