This isn’t a fun topic, but it is definitely a necessary one. The good news is that term life insurance (not WHOLE life!) isn’t as complicated as you might think.
Here are 5 reasons why you should buy life insurance:
Protect your family.
Think about all the plans you have for you and your family. Would the future still look the same for them without you? Would your family be held responsible for any of your debts if you were gone? Life insurance is especially important if you are a one-income household. How would bills get paid if the primary earner passes away?
Monthly premiums differ depending on the amount and type of insurance. However, these rates are typically very affordable. There are many options available for less than $50/month (even $20/month!). Go to Term4Sale to get an instant quote.
It’s easy to buy.
All you have to select is how many years you want to be protected and the amount of insurance. Term4Sale will give you a list of insurance companies, their company ratings, and their premiums. Choose the one you want and an agent will contact you.
It’s easy to understand.
Unlike disability insurance, where companies can question whether you have a qualifying disability, life insurance is pretty black and white. There is rarely any dispute as to whether a person has died or not.
Peace of mind.
When you think about how much a life insurance policy is protecting, and at such a small cost, it should be a no-brainer. Like car insurance, you hope to never have to use it, but it provides a sense of security to know that it’s there.
Mr. STS and I went through the life insurance-buying process a few months ago. Stay tuned for a post on how to buy life insurance and I’ll walk you through the easy steps!