We can’t stress enough how important life insurance coverage is when it comes to your family’s financial well being. Though we hear plenty of excuses, these are the top 5 we hear from people just like you:
1. Life insurance is too expensive
Not carrying life insurance can actually be more costly to you and/or your family down the road. There are plenty of inexpensive policies available in today’s market. Term life insurance policies offer highly affordable coverage for a set period of time. Permanent policies offer coverage for the remainder of your life, at higher premiums. There are plenty of risks and benefits associated with each. Regardless of your budget there is a life insurance policy that will provide the protection your family deserves, for as long as you need it, at a price you can afford.
2. I will get around to it eventually
There’s no time like the present when it comes to life insurance coverage. Because premiums only go up with age, it’s in your best interested to lock in coverage when you’re young and healthy. In many cases you’ll pay less for a policy you purchase at a young age than you will if you wait and carry a policy for a shorter period of time, later in life. So stop procrastinating!
3. I prefer to invest elsewhere
Many people don’t understand the investment opportunities available through life insurance coverage. Permanent policies earn cash value and allow you to draw upon those earnings during your lifetime. Not only do these policies protect your family from the unexpected, they provide a wide variety of investment opportunities. Whether you’re looking for a steady, low risk investment or a high risk, high reward opportunity; there is a permanent life insurance policy that will meet your needs and protect those who matter most.
4. I don’t want to make the wrong choice
There’s no need to go it alone. There are plenty of reputable life insurance agents who are ready and willing to answer your questions and help you select a policy that meets your needs and your budget. At IntelliQuote we have an entire staff of licensed professional, available 5 days a week, prepared to walk you through the process and clear up any confusion.
5. I’m covered through my employer
Most employers provide a limited amount of life insurance coverage to their employees. Keep in mind that you can’t take it with you if you change employers and in many cases it’s barely enough to cover basic expenses. If you’re not familiar with your employer-provided life insurance policy we encourage you to ask for details. You’re likely to find that you and your family need more coverage!
If you’re using any of these excuses, to avoid purchasing life insurance coverage, we encourage you to take a proactive approach and protect your financial health. Contact us today, with no obligation to buy, we’re happy to explain your options and help you understand what sufficient coverage can mean for you and your family.
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Ready to learn your life insurance coverage options? Request a life insurance quote today!