The Importance of Life Insurance for Tradies
As a tradie, you know the importance of being prepared for any job. But have you considered what would happen to your loved ones if something happened to you? No one likes to think about it, but life is unpredictable, and accidents can happen at any time. That's why it's so important to have life insurance. Why Life Insurance is Important for Tradies If you're the breadwinner for your family, life insurance is essential. It will help your loved ones cover expenses like funeral costs, mortgage payments, and everyday living expenses if something happens to you. No one knows what the future holds, so it's better to be safe than sorry. There are two main types of life insurance: term life insurance and whole life insurance. Term life insurance is temporary and only pays out if you die within the specified term. Whole life insurance pays out no matter when you die. How Much Life Insurance Do You Need? The amount of Life Insurance you need depends on factors like your age, h