by Nicole Dieker If you're asking yourself whether life insurance is worth it, the answer is easy. Yes, life insurance coverage deserves it particularly if you have enjoyed ones who rely on you financially. Life insurance coverage acts as an important monetary safeguard if you were to pass away all of a sudden.Learn more about term life insurance coverage, how it works and why it might be a vital part of your monetary plan. Term life insurance is worth it if you're looking to help guarantee financial security for your household at an affordable rate (how does life insurance work). It's a simple, inexpensive kind of life insurance that covers your household for a set duration of time, usually 10, 15, 20 or thirty years.