There are actually many insurance plans available, and it can be used in many different ways as well. Its up to the person what kind she or he wants to buy. My friends brother got an accident a month ago and thanks to life insurance because if without it they probably in total debt this time. If people would only know the importance of life insurance I'm pretty sure they'll be getting a Wholesale Insurance Services to protect their loved one is times of trouble.
I know that I can't afford any life insurance yet but I would definitely get one if I have the means.