answersLogoWhite

0


Best Answer

Answer 1

Yes i have life insurance that can pay well to my family after my death. At least, they will not depend on some one else. If i will alive that time i would like to convert it as my pension to secure my further future. Life is so insecure, if something happen to you at least that amount will help your family to live better. Else, you can get the information on Life insurance and about their plan: Rais Insurance.

Answer 2

NO. While I would recommend life insurance in order to better protect your loved ones financially after your death (or at minimum pay for your funeral expenses), I am not aware of any legal requirement to have life insurance in any district or any country. (There is a possibility that such a requirement may exist in some esoteric jurisdiction, but it is certainly not common.) So, you do not "have to have life insurance", but, if you are a wage-earner in the family, you should have life insurance.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you have to have life insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Do you need a will for life insurance?

You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)


What products does AAA Life Insurance Company offer?

AAA Life Insurance offers three main types of life insurance policy these include Whole Life insurance, Term Life Insurance and Universal Life Insurance.


What kind of cases do life insurance lawyers in Wichita, KS handle?

The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance


What kind of insurance does Banner Life Insurance offer?

Banner Life Insurance offer life insurance services. They offer Term Life Insurance which covers a person for a specific time and Universal Life Insurance which covers one for life.


What insurance is known as ordinary of straight life insurance?

life insurance.


Is there a such life insurance company as federal life insurance company?

There is an insurance company called Federal Life Insurance Company.


What is non-life insurance?

Its all insurance that is not life insurance such as health insurance, auto insurance, home insurance, and so on.


Do actors have life insurance?

Anyone can have life insurance. So actors would have life insurance.


What types of life insurance does Stonebridge Life Insurance have?

Stonebridge Life insurance carries both term life and whole life insurances. In addition, they have accidental death insurance, and accident hospital insurance.


Does union fidelity cover both accident insurance and life insurance or life insurance only?

yes it do cover life insurance not health insurance.


What does Liberty National life insurance offer?

Liberty National life insurance offer not just life insurance, they offer term insurance, whole life insurance. They also offer supplemental health insurance.


What is prudential life insurance?

Prudential is itself a life insurance company. Therefore, Prudential life insurance is nothing but life insurance that is provided through this company.