Nobody likes to talk about it, and the stereotypical image of the life insurance agent standing all alone at cocktail parties and other gatherings is well established. That being said, no other financial product can do as much for you and your family as life insurance, and at a time when you (or they) need it the most. You see, upon the death of the person insured, life insurance creates an immediate estate . . . an immediate source of money.
However the buying process is much more involved than to just "go out and get some." In spite what some of the big, faceless advertisers would have you believe, life insurance is far from being a one-size-fits-all type of purchase. There are very different needs for life insurance, depending on your particular circumstances and stage in your life cycle.