Apart from prudent financial planning, below are some of the most common reasons why you need an insurance term plan It helps to ease disruption caused by untimely death to the policyholder due to natural or accidental causes. It provides tax benefits during payment of premiums and also when receiving payouts Insurance provides for ones family’s future needs in the absence of the bread earner Although not a replacement to the lost loved one, the bestlife insurance term plans provides a soft landing for the beneficiaries. It offers the support that your family needs easing their burden and enhancing your legacy as a provider even after your demise.