Not everyone has the budget to be able to afford high premiums on life insurance. This does not mean that such a person would be completely barred from being able to acquire a quality life insurance policy. There may be options life insurance companies can offer to such an individual. He or she may be able to purchase a small policy that does not exactly leave a huge settlement to the beneficiaries, but it does leave something. And, in truth, something is far better than nothing. Any amount provided can help cover the costs of numerous bills in the event of the passing of the head of the household.
Rather than be dismissive about the ability to afford a life insurance policy, it would be a much better strategy to contact various life insurance companies and inquire about offers for low cost/ ow payout policies. It might prove surprising to those that never purchased life insurance before that discount policies do exist.
Again, even a low settlement is far better and more beneficial than no settlement. Even if it only offers your family fiscal stability for a limited amount of time, the duration can be enough for them to take the steps to get their life and finances in order.