If you are the sole-breadwinner in a single income household, it is important to plan how your home will continue running if something unforeseen happens to you. Consider how your loved ones will stay financially afloat if you suddenly pass away or fall terminally ill. You wouldn’t want them to have to struggle to make ends meet. Nor would you want them to be left deprived. A life insurance plan can help you ensure that your family’s needs are covered in your absence. Let’s take a closer look at why life insurance is so important in a single-income household and explore what types of life insurance plans are available.