Life insurance is an important part of any financial plan because it can provide for your family if you die unexpectedly. Term life insurance covers you for a set number of years and then expires.

Life insurance provides financial protection by offering a payout to loved ones after your death, helping cover expenses, replace income, and secure their future.

Chris Kissell has been a journalist for three decades and has written extensively about insurance and other personal finance topics for the past 20 years. For the last 14 years, he has been a ...