It wouldn't be an exaggeration to say that buying life insurance isn't exactly popular. Nearly one out of two people don't have life insurance in this country. And those who do have something, often default because they just don't care enough about it. Well, some of the apathy might be well-deserved. Let's look at a few reasons why buying life insurance isn't popular. Let's say that there is this person who is the model insurance customer. He never skips a single premium his whole life, and he lives to be 60, before he passes away. Does the insurance company show its gratitude by paying his family immediately? Not if he's someone who's been moving around. At least 10 different major life insurance companies are under investigation for not paying up on hundreds and hundreds of policies. It's not that they would refuse anyone if they walked up with a policy and demanded payment. It's just that they won't make efforts to locate anyone's ...