It provides peace of mind, for both you and your family. While nobody ever wants to think about passing early, it's important to consider your financial responsibilities and/or dependents who rely on your income. You need to protect your family! And if you are properly insured, they will not have the added burden of worrying about finding the money to pay for their day to day living, on top of your funeral costs and other emergency expenses.
Life insurance can provide for:
For temporary, simplified coverage and no cash value.
For permanent coverage, with guaranteed premiums, death benefits, and cash value growth.
For permanent coverage, flexibility, and less emphasis on cash value.