There are many good reasons for purchasing a life insurance policy. Most families don’t make the decision to purchase life insurance until facing a major life-altering event such as getting married, starting a family or purchasing a home. Most of us, at some point in our lives, will realize that owning life insurance is very important to ensure our sense of security. If your loved ones depend on you for financial support, life insurance can help take care of their financial security. In the event of your passing, who you name as beneficiaries can receive a lump sum, tax-free payment to help them replace lost income, pay for their education, pay off debts, and cover your final expenses. A life insurance policy will provide you with the actual ability to have a positive influence on the future of those you love.