… Five Reasons Women Should Consider Life Insurance Financial Planning Transamerica December 12, 2019 Why It Matters: Fewer women than men … need life insurance more than men. Let’s review some of the reasons why. They’re going to live longer Women’s lifespans are longer than men’s, so there will be a greater likelihood of medical … 7 for children or elderly parents. They can ensure their dependent can continue receiving care by making them a beneficiary on a life insurance policy. That way, there’s financial support …