Life has a habit of getting very busy – from raising a family, to buying a home, to building a business or a career. Even so, we shouldn’t procrastinate on protecting the dreams for the ones we love for their peace of mind through your life insurance coverage.
Many people believe myths about life insurance so they may not have adequate coverage. Here are a few corrections to some myths that you may have heard.
Myth: Life insurance is expensive. Truth: In general, the younger you are, the more affordable your rate could be. Health and other factors can also affect your costs, but a healthy 30 year old man can buy $500,000 of coverage for as low as $13 per month for a 10 year or $19 per month for a 20 year policy.
Myth: I don’t need life insurance. Truth: You’re right. You don’t need it, but it’s is not about you – it’s about the people who love and rely on you. If something does happen, do you feel confident that you have done everything possible to take care of your debts and those you would leave behind?
Myth: There aren’t any policies that work for me. Truth: At American Insurance, we offer many different options to fit each family’s unique situation.
Myth: I’m too young to get life insurance. Truth: It’s never too early for this coverage. The sooner you look into a policy, the better chance you will have for better coverage with a good rate.
Life insurance offers debt protection, business buy out, family income or college funding, and is a great way to protect your family. Let’s face it, adding another monthly expense isn’t ideal, but life insurance could cost as little as a coffee at your favorite coffee shop or lunch out with friends.