Why do rich people buy life insurance?
filed in finance on Feb.01, 2010
Why do rich people buy life insurance?
Why do rich people pay for life insurance when they have large savings accounts, estates, and lots of valuable things to pass on to their families?
February 1st, 2010 on 1:02 am
Best Answer – Chosen by Voters Because it is the right thing to do, and (most) people become rich by doing all the right things. Source(s): good life insurancehttp://www.bestinternetfind.solutionsart…
February 1st, 2010 on 1:02 am
Typically, people with more money buy life insurance for two reasons.#1They can afford it.#2They want to be around long enough to be able to spend all of their money.
February 1st, 2010 on 1:02 am
Maybe they're paranoid