Insurance is a kind of activity that asked the users and the company to make agreement whether the users have to pay certain money that is called as premium then the company have to return that money if someday there is something happen to the users. That situation seems like both users and company will get same profit. In other words, the company would like to save your money. That money will be returned up to 100 % to you depend on the agreement.
Today, there are some types of insurance. There are life insurance, health insurance, and vehicle insurance. Those three insurances have different aim. However, those three insurance also have similarity that is the users have to pay premium for some months. It depends on the agreement. After that, the usage of those three insurances is different. Life insurance will insure your life. It means that if you die, your family will get compensation from the insurance company. It will give advantage for those who have already had family. It means that if you are the bread winner in your family then someday you die; your family will get compensation from that company.
In conclusion, your family will lose their burden in financial side. Although, that life insurance seems that you have been bet your life, you must think positively. This life insurance will help you and your family in the future.