When Is Life Insurance Not Necessary? 
Some people -LRB- my husband included -RRB- feel that life insurance is not necessary if they have saved up or invested enough money to cover any needs that might arise . I disagree in the respect that savings and investments can be depleted on medical bills , long term care costs , or other large expenses . Whereas life insurance pays out at death , so it is protected from being exhausted prior to death , and can pay off even bills or final expenses after savings run out . 