Sadly life insurance and death insurance are often interchangeable terms. This type of insurance is vital to those who are left behind. Life insurance policies don't pay out benefits until the person dies. Death is devastating enough without leaving financial burdens to loved ones.
In these struggling economic times, people often have trouble paying the premiums on the policy, so they let the insurance fall by the wayside. Spouses/family members are left struggling to make ends meet and often drastic outcomes result from the lack of financial pre-planning. People are not able to pay mortgages, make auto payments and more so on top of grief at the loss, there is often anger at a later date towards the deceased for leaving financial devastation. A small amount of life insurance is better than no no coverage and plans can be tailored to meet current finances.