Life Insurance: The Ultimate Put By David Edwards About this article: People have car insurance because bad things can happen to their car. Heck, my window was smashed and radio taken a month ago -- insurance covered all but $500 of the $1500 cost. People have insurance on their house because a small fire can cause tens of thousands of dollars in damage. But many people don't have life insurance because they're squeamish about contemplating their own mortality. I have no illusions about whether I'll live forever. Among my peers -- perfectly healthy people in their 30s and 40s -- nine have succumbed to heart attacks, an allergic reaction to a food additive, a bout of the flu, pulmonary edema while hiking on Mount Kilimanjaro and car accidents. As a native New Yorker, I knew several people who perished in the World Trade Center attack. I don't sell life insurance products, but I do advise my clients on... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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