Integrated Family Community Services 3370 South Irving Street, Englewood, CO 80110-1816 Ph: 303-789-0501

Think You Don’t Need Life Insurance? Six Reasons That Might Change Your Mind

Whether or not to purchase life insurance may be an uncomfortable subject for many couples and families, but it is an important conversation to have. Below, we will discuss six of the most important reasons to make it a priority in your life.


First is marriage. If you have committed yourself to a life partner until death do you part, you acknowledge that death is a certainty and that one of you will most likely be left behind, even if it is much further down the road from now. This is already a very anxious and exhausting time, and having life insurance is one way to ease the financial burden of funeral costs and debts.


One of the most popular and cost effective types of life insurance is term insurance, which is great when you have a 30 year mortgage and passing away suddenly would leave your loved ones in dire. You can get a 30 year term policy in the exact amount of your mortgage that will decrease in value as your mortgage balance decreases. This is smart planning.


All parents want to secure their children’s futures. By purchasing the right amount of life insurance, you can protect their home, their financial security and their educational prospects should you or your spouse pass suddenly.


Other dependent family members, such as parents who can no longer care for themselves, or need constant nursing care may suffer if you were to pass away. Having enough coverage to take care of them should something happen to you could give you and the rest of your family peace of mind.


If you’ve started a business or have become a key employee within an organization for whatever reason, the company could suffer catastrophically upon your passing. You have become what is known as an insurable interest and it would be wise to insure your life in order to mitigate financial disaster to the company.

Work Coverage

Finally, there used to be a time when many companies offered life insurance as a benefit to their employees, but that practice is becoming less common, and if they do offer it, the amount is usually only enough to cover funeral expenses.

There are lots of reasons to consider life insurance a necessity, especially once you have a mortgage and children. You can discuss all of these issues with your local insurance agent.

Informational credit to Drayden Insurance Ltd.

Tim Esterdahl

Tim Esterdahl is the editor of IFCS blog. He is a married father of three and enjoys golf in his spare time.
Tim Esterdahl

Find Us on Social Media

Unable to display Facebook posts.
Show error

Error: (#4) Application request limit reached
Type: OAuthException
Code: 4
Please refer to our Error Message Reference.

IFCS On Twitter

We are grateful for the privilege to provide families with a true shopping experience at our Market. We thank our community supporters, churches, civic groups and The Emergency Food Assistance Program for helping us make this a reality.
#dogood #charity #colorado #food

Thank you Columbine United Church for collecting food from FIVE @KingSoopersNews locations! Our families in need really appreciate your support! #dogood #charity #colorado #littleton

Thank you Dry Creek Sertoma for donating children and adult clothing! These donations are essential to filling our clothing bank to help those in need. #dogood #charity #clothing #colorado

Load More...

Key Sponsors

Our Affliations




Sign Up for our eNewsletter

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

USDA Non-Discrimination Policy

IFCS follows the USDA non-discrimination policy. Learn more by clicking here to read the statement. (PDF)