by Nicole Dieker If you're asking yourself whether life insurance deserves it, the answer is basic. Yes, life insurance coverage is worth it specifically if you have enjoyed ones who rely on you financially. Life insurance coverage acts as an essential monetary safeguard if you were to die unexpectedly.Discover more about term life insurance coverage, how it works and why it may be an essential part of your financial plan. Term life insurance is worth it if you're aiming to help guarantee financial security for your family at an affordable rate (what is permanent life insurance). It's an easy, affordable type of life insurance that covers your household for a set amount of time, generally 10, 15, 20 or 30 years.