Thank you all your great answers. I have read all your views carefully and am taking them into consideration.

I've decided to put this on vote instead of choosing a best answer, simply because most of them are great answers! Let the voters decide.

I would say absolutely. For most people some type of life insurance is offered with your employee benefits package and the monthly premium is so small that you barely miss it from your check. For those with a family and depend on a two person income it can be a life saver if anything tragic happens and one of those parties income is no longer a factor. It can be the very thing (that 1-2 dollars) monthly that helps your spouse and children not lose their home.

Let's put it this way, you have a tight budget and i believe this tight budget thing did not happen yesterday and won't go away tommorow.

Imagine this (no offence) if tomorow you are unable to work for whatever reason your expenses won't go away and it could be even higher ! What are you goind to do??

If you have an insurance protection of let say 60 months of your salary at least u or your family members lifestyle can be remained until someone or something to replace your income.

Look at the big picture


from

loihl@einsuran.com
Malaysia Insurance

Depends a lot on your health, life style, marital status, etc. If you are married it may be worth it to ensure that your family is not left in a bad situation in case of your death. If you are young, single, healthy and are really on a tight budget, you may opt not to have life insurance until you become more financially stable. GOOD LUCK

Depends a lot on your health, life style, marital status, etc. If you are married it may be worth it to ensure that your family is not left in a bad situation in case of your death. If you are young, single, healthy and are really on a tight budget, you may opt not to have life insurance until you become more financially stable. GOOD LUCK