Like most insurance types, life insurance benefits a wide range of people and demographics. 
For young people, a life insurance policy could be secured in a significant sum for an insignificant cost each month. For homeowners, a policy could help protect their homes long after they have died. And for parents of young children, a term plan could provide protection and security for the complete family both while the policyholder is alive and in the event of a death.
One group often left out of the life insurance discussion is seniors. For older adults, life insurance is sometimes considered not “worth it” relative to the cost of securing a policy. However, this view of life insurance for seniors is often tied to a broad generalization and some misunderstandings. 

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