Life Insurance for when You Need It

Hubby let his life insurance lapse earlier this year. It was an accident. He missed making a payment by one day and now he has to re-apply for insurance. The problem is, the life insurance policy he had was purchased when he was in his early 20s, and in great health. Now, in his mid-56s and not so great health, he is going to have to look for high risk term life insurance. It's hard to find life insurance when you have pre-existing conditions, but everyone needs some form of life insurance. No one likes to think about needing it, but its pretty much a fact of life, everyone is going to face that need at some point. Life insurance isn't like... car insurance... for example, where you buy it hoping you never have to use it. Or home owners insurance, where you pay monthly for something that it really is possible you won't need, but it's good to know it's there when you do. Life insurance, well, you're going to need it someday. We all hope it isn't soon, but it is going to come.