Life insurance is a contract between an insurance and an in insurer. The ultimate promise is that the insurer will pay a designated beneficiary a sum of money upon the death of the insured person. This infographic breakdown the importance of buying life insurance and the percent of Americans who have life insurance.
Tip I also do this with someone else with rock paper scissors. Sometimes it isn't when the coin is in the air or when the game is being played, but after the "decision" is made. Then you'll feel good about it or regretful. Regret means go the other way.