Many people ask, "what are the benefits of life insurance?" Life insurance is a valuable tool for people's sound financial plan. Whether you are young and just start a family or you have grandchildren and are retiring, you would need life insurance. Life insurance, sometimes, is overlooked at because no one is required to be insured. Many people do not like to think about their own death, so they postpone it. Life insurance is not "tangible" so people can have trouble seeing its value. Some individuals get offended at the thought of "putting price on their life", even though that's not what life insurance is.