Why You Need Life Insurance Sooner Than You Think (and Why Term Insurance Makes Sense) Paul’s dad started pestering his 29-year-old son about buying life insurance soon after Paul got married. Paul kept putting it off. He and his wife wanted to travel. They bought a house. When they had a baby boy who was diagnosed with autism, they decided she would stay home to care for his needs. Money from Paul’s $130,000 salary came in and went out. And Paul lived in the moment through the good times and the bad. Then a car skipped over a median and split Paul’s car in two. The wide eyes of the driver in the other car were the last thing Paul ever saw. No one saw it coming. So no one planned for it. With no death benefit from a life insurance policy, her son’s daycare costs and medical bills, and her inability to earn what Paul had brought in, Paul’s wife filed for bankruptcy five years later. Life Insurance Is Important Most of us are too busy living life to think about what h
