: To provide funds so survivors aren't forced to sell or face foreclosure .
: To cover funeral and burial costs (median cost ~$8,300) without burdening heirs. Buying Life Insurance For Someone Else | John Hancock who should buy life insurance
: To ensure a spouse or partner can maintain their standard of living and pay daily expenses. : To provide funds so survivors aren't forced
: To fund buy-sell agreements or protect the company if a "key person" dies. who should buy life insurance
: To replace lost income and cover future costs like college tuition or childcare.