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Who Should Buy Life Insurance [UPDATED]

: To cover funeral and burial costs (median cost ~$8,300) without burdening heirs. Buying Life Insurance For Someone Else | John Hancock

: To provide funds so survivors aren't forced to sell or face foreclosure . who should buy life insurance

: To ensure continued care and financial stability for elderly dependents. : To cover funeral and burial costs (median

: To protect parents or partners from becoming solely responsible for co-signed private student loans or car notes. who should buy life insurance