Did you know that over 70% of people in the US don’t have life insurance? And of those that do, nearly 60% say they don’t have enough coverage. Life insurance is one of those things that most people know they need but often put off until it’s too late. Inside this article, we’ll share the truth about life insurance and 4 reasons why you should get life insurance now.
Getting The Insurance You Need
If you’re in your 30s and don’t have life insurance, now is the time to get it. Here are 4 reasons why:
1. You’re probably in good health.
The younger you are, the easier and cheaper it is to get life insurance. If you wait until later in life, you may be uninsurable or face much higher premiums due to health issues.
2. You have financial obligations.
If you have a family, a mortgage, or other debts, life insurance can help make sure those are taken care of if something happens to you.
3. Life insurance is more affordable than you think.
Many people think life insurance is too expensive, but that’s often not the case. There are many different types of policies and riders available, so there’s sure to be one that fits your needs and budget.
4. Life is unpredictable.
You never know when something might happen to you. Whether it’s an illness, an accident, or anything else, life can take a turn at any moment. Having life insurance can give you and your family peace of mind knowing they’ll be taken care of financially if something happens to you.
Debunking This Myth
Life insurance is not just for married people. Even if you’re single, you can – and should – get life insurance. Why? Because life is unpredictable. If something happened to you, your loved ones would be left with a significant financial burden.
The truth about life insurance is that it is an important part of financial planning regardless of age, income, or health status. If you have people who rely on you financially, make sure you have the coverage you need to protect them.
Term Life Insurance May Be Your Best Option
Term life insurance is the best type of life insurance for most people. Term life insurance provides coverage for a set period of time, usually 10-20 years. After that, the policy expires, and you are no longer covered.
Recap: Now Is The Time To Get Life Insurance
If you’re still on the fence about life insurance, hopefully, learning the truth about life insurance has helped to push you over. It’s not fun to think about, but it’s something that we all need to do. And if you’re looking for a company that can help you get the best coverage at the best price, contact Duff Agency today. We’ll work with you to find the policy that fits your needs and budget.
