by Nicole Dieker If you're asking yourself whether life insurance coverage is worth it, the response is basic. Yes, life insurance coverage is worth it particularly if you have actually loved ones who count on you financially. Life insurance coverage acts as an important financial safety net if you were to die unexpectedly.Find out more about term life insurance coverage, how it works and why it might be a fundamental part of your monetary plan. Term life insurance deserves it if you're aiming to help guarantee monetary security for your household at an affordable cost (what is term life insurance). It's a basic, budget-friendly kind of life insurance that covers your family for a set amount of time, generally 10, 15, 20 or thirty years.