Term life insurance is a must-have financial tool that takes care of your family’s financial security, even when you’re not there to provide for them. It’s especially important if you have dependents, like kids or a spouse who rely on your income. If something unexpected happens to you, term life insurance gives your loved ones a lump sum payment they can use to pay for important expenses like mortgage payments, education costs, and everyday living expenses. It’s a practical way to provide them with the financial support they need during a difficult time.