Life Insurance is the most overlooked element of retirement because most people think it’s only to protect your loved ones in the event of your death. That’s not true life insurance can be used for critical illness coverage, long-term care coverage and financial protection in the event that you can’t work for as long as you think you need to. Most of us are going to outlive our income and we have to have a Plan B Life Insurance as long as you are healthy, is a wise investment.