Life insurance is important no matter what age or stage of life because it offers a way to provide for your loved ones by paying them a sum of money that helps protect them from financial stress after you’re gone. It’s also an important aspect of retirement planning helping to bring peace of mind and financial security for your family. Read more on the Bankers Life website to become familiar with 30 life insurance terms: Life insurance glossary: 30 insurance terms everyone should know — Bankers Life Blog