Have you ever considered purchasing life insurance? Have friends and family told you that it's a waste of money and that your money is better put elsewhere? Although not for everyone, purchasing the right insurance can make a huge impact in the lives of your family. Some of the best reasons for taking out an insurance policy now are obvious while others are less obvious. A few of the best reasons for getting a policy now include:

Uncertain future: One of the biggest arguments against getting a life insurance policy is that you're young and healthy right now, so there's no need. While this may be true, it overlooks the fact that you have no way of knowing what will happen tomorrow.  You could be involved in a fatal vehicle accident, you could find out that you actually have a serious disease, you could be attacked and seriously injured by a stray dog, or you could have any number of things happen to you. While people who are healthy and walking around obviously have no need of any life insurance yet, your circumstances can change in a matter of moments. Having a good policy will mean that your family will be taken care of if anything should happen to you.

High cost of final expenses: You might be under the impression that, because you're relatively well off right now, your family will be able to easily afford your final expenses when the time comes. But you also need to consider things like your family needing to take time off of work, funeral costs being higher than you had previously heard, travel costs, and other similar factors. Once all that is taken into account, your family may not be quite as well off as you had previously thought. Fortunately, a good life insurance policy will ensure that everything can be taken care of without causing unnecessary stress for your family and friends.

Paying taxes and debts: Whatever property you own will be taxed by the government when it's inherited. In some circumstances, such as with a beautiful family home, the taxes may be too high for the heir to be able to afford to pay them. In addition, there are some debts, such as final medical bills, that will still need to paid after death. A generous life insurance policy can help provide a cushion, allowing these debts and any taxes to be paid without anyone having to sell the family home or other belongings in order to repay the various debts.