Life insurance is necessary for every individual.Its the only way you can provide money for your family after your death.Life insurance provides enormous benefits for your family.Medical care and education is being taken care by the life and health insurance register a company. In case of sudden death the children needs can be satisfied easily. College education is not cheap nowadays, only your investments and savings can provide it. Mortgage debt is the largest debt and if you are paying it from your income and during the absence of your income life insurance helps to pay off the mortgage debts.It would be of great help to your spouse to manage the living expenses.You can get the insurance quotes from the insurance companies or from the insurance agents. There are some myths in life insurance policies they are Permanent insurance policy premiums would be less expensive in the future, Single person doesn't need a insurance coverage, The policies signed up online are cheaper, Peoples with bad health gst registration procedure cannot take insurance policy, Premiums can be bargained etc... Temporary life insurance are cheaper and if death does not occur during the terms of payment you will not get the death benefit.Term insurance is the better insurance to get large premium at low cost, paying for a mortgage etc... Whole life insurance is permanent and is applicable for young people in good health as they get high premiums.The policy holders gain the interest for the amount they paid.Consult a reliable life insurance company to take a policy.