Many people think that term life insurance is one of those things that they should have, and will get sometime. But the problem is that sometimes something happens before you get the insurance. Not to use scare tactics on you, but sometimes it is true. Heath Ledger had nothing in his will for wife Michelle Williams or their daughter, and many people would agree his passing was unexpected. Just think of it as a task to perform that while there's no immediate penalty for not taking care of like some things in life, at least you'll feel better for having done.