By Life Quotes, Inc. Staff

Life insurance is an important investment for families with younger children and older dependents who may be left facing financial uncertainty in the event of a sudden death. For people who enjoy good health, there may be a temptation to put off life insurance, but this can be risky at best.

In fact, the New York Times recently took a look at some of that city’s accidental death statistics while noting that the area’s homicide statistics have continued to fall to record lows.

Some statistics cited by the newspaper include eight people drowning in 2008, four fatalities involving watercraft in 2007, 10 deaths from heat exposure in 2008, and 11 others from cold exposure that same year.

The total of accidental deaths cited by the newspaper in New York City in 2008 was 1,044.

Given such statistics, investing in life insurance is a wise decision, even for people who are in good health and relatively young. Accidents can strike at any time, and those who are prepared are potentially sparing their families from considerable financial difficulties in the coming years.

Life insurance experts generally advise people to carry coverage equal to five to seven times their annual salary.

This article was originally published by Life Quotes, Inc.