Not sure if you need life insurance coverage? In the case of death, life insurance can give you peace of mind knowing that your family and estate will be protected during a difficult time of loss.
If you don’t have life insurance, it is important to consider why you might need it.
To protect your family.
In the case of death, life insurance helps your family with a number of expenses and bills, such as mortgages and loans that are not paid off and final taxes. If you don’t have life insurance, your family is left to take care of these financial obligations. The household jobs you do are valuable too. Cleaning, maintenance, and childcare are all services that will cost money when provided by a third party. Are you young or single? Life insurance can protect your assets and family.
The sooner the better.
The older you get the more expensive life insurance gets. The cheapest time to buy is when you are young and healthy but there are definitely options for older clients too. It is a good idea to get coverage sooner than later so that you don’t end up paying more. If you are approved with higher premiums because of a medical condition and your pre-existing health conditions improve, your rates can go down. You can buy life insurance for a child to lock them in at a low rate and allow their policy to
Your existing coverage might not be enough.