Why Life Insurance: Necessities of Life Insurance

Why do you need insurance? 

When you buy insurance from MetLife, you are managing risk. You are transferring the cost of a potential loss to MetLife. The policyholder pays a regular amount, called a premium, in order to receive the coverage. Insurance premium rates are based on factors, such as age, gender, income, medical history, as well as the value of the insurance purchased.

• Maintain your standard of living should you have a critical illness or become disabled.
• Cover health care related costs like child care, as well as offering family coverage – allowing you to focus on health and recovery.
• Provide for your family in the event of your death. There are life insurance options that protect your family’s home, lifestyle and education for children.