by Nicole Dieker If you're asking yourself whether life insurance coverage is worth it, the response is basic. Yes, life insurance coverage deserves it especially if you have actually loved ones who rely on you financially. Life insurance acts as an essential financial security web if you were to pass away unexpectedly.Discover more about term life insurance, how it works and why it might be an essential part of your monetary plan. Term life insurance coverage is worth it if you're aiming to assist ensure monetary security for your family at an affordable rate (what is whole life insurance). It's an easy, inexpensive type of life insurance coverage that covers your family for a set amount of time, normally 10, 15, 20 or thirty years.