Benefits of Life Insurance

Day 21 - 22: Life Insurance My 30 Day Spending Detox

I bought my first life insurance policy when I was 26 years old.   I bought it at the time because my mom was on a very expensive medication for her terminal illness ($3,000 CAD a month).  Health care did not cover the cost of the medication.    I was worried that if something happened to me, they will, at least, have the money to cover the cost of her medication.

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