Your DNA Test Preparing for the unexpected can make all the difference if your family relies on your income. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content What is Life Insurance? Part 1 What is Life Insurance? Part 1 The Importance of Beneficiary Designations Beneficiary designations allow assets to pass directly to whomever you designate thus by-passing the costs and time involved with the probate process. Lifetime of Earnings Estimate how much you have the potential to earn during your working years.