Posted By 
By Lorne Marr
Special to the Financial Independence Hub
After serving your workplace for years and decades, it’s that time of your life when you can retire in peace and enjoy your retirement years to the fullest. However, does that mean you should ditch your life insurance policy? Think closely before scrapping your life insurance.
Many individuals might think life insurance is required only when they are young, have a family to support and need to pay off their debts. The very first question that comes to their mind is usually “Why do I need a life insurance policy in my retirement?”
Retirement and Insurance
Firstly, you need to know that life insurance is not about you. People buy life insurance in order to protect and secure the future of their loved ones and whoever depends on the insured’s income. It is there to give your family a future that is financially sound and stable.
