What Is The Main Purpose Of Life Insurance? 
The main purpose of life insurance is to protect your family or business from the costs associated with your death . When a funeral causes relatives to have to pool their resources to pay for it , that is a purpose where life insurance could have helped . When a business must be sold to an outside party because a relative can not afford to buy it , that is a purpose where life insurance could have helped . When a family must go on welfare because the breadwinner passed away , that is a purposed where life insurance could have helped . 