Excuse me, so yeah, you just died. You’re gone. You no longer have any decisions to make, or any say in any matters. Who are you leaving behind? Your spouse? Your children? What kind of shape will you leave them in financially? Suppose you have a two-income family? That big house you’ve just built. Or if you are older, living comfortably, grand kids maybe, winding down on long career that you’ve worked with retirement in sight. Is your spouse going to be OK without your income? Does it take both of your working income to pay all your bills every month? What is he or she going to do without you? Sell the house? No college for the kids? Is there even any money for a funeral? I lost my spouse a few years ago. Thankfully, I had life insurance on him. It was truly needed.
All these lingering questions can be taken care of very easily. But so many choose to put it off, I’ll do it next week, right?
Some life insurance statistics for you courtesy of Bankrate.com… (“Life insurance facts and statistics 2021 | Bankrate”)
- 50% of people overestimate the cost of term life insurance. Millennials overestimate the cost by 213%
- The average premium for a mail rises 258% between age 25 and age 50. Gender, age, smoking status, health, medical history, and other factors impact your life insurance rates.
- 42% of millennials estimate a $250,000 term life policy for a young, healthy individual would cost $1,000 or more when it is closer to $160 per year.
Why are you putting it off? Getting life insurance now is as easy as it’s ever been. Contact me today for a quote and allow me to give you and your family that peace of mind knowing they are taken care of in case something happens to you. I’ll do a needs analysis, evaluate where you are in life, what your goals are, and help you decide on the coverage that best fits your needs.