Health insurance, given the rising costs of healthcare... IS A MUST.
However, the need for life insurance... IS A CON.
If you believe you ARE GOING TO DIE as soon as the probation period is over, then buy life insurance.
If you don't believe you are going to die early, the DON'T BUY LIFE INSURANCE, instead take the money that you would being paying on your premiums and invest that money in a MUTUAL FUND... you will earn far more money when you eventually die than you would receive from your life insurance company...
This posting is going to be hated by life insurance companies... but, it is something that students learn in BUSINESS GRADUATE SCHOOL that is not taught in high school or in the first few years of college.
Life insurance companies, just like banks, take your money and invest it in MUTUAL FUNDS... why do you think they do that???
If you cannot answer that question, then buy life insurance and when you die, you will be able to know at the last minute before death that you wasted your money and did not take care of your family...
By then, it will be a tad too late... but hey, you won't care... and will be just like shingles.
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