April 1, 2014 by Troy Baccus

3 Reasons People Put Off Buying Life Insurance


According to US News & World Report there are 3 very ill-advised reasons why people put off buying life insurance. We hear these reasons every day and we must agree they are some of the worst reasons to put off buying life insurance.  Read the report here.

3 Reasons People Put Off Buying Life Insurance

#1. If I die early my family will be OK

-It’s true that some families might have enough assets to weather the storm of the loss of an income earner. Most American families need income replacement in the event of an unexpected death. Don’t underestimate the value a life insurance policy can have for your family. Try our life calculator  to find out your needs.

#2. I’m healthy so why waste money on life insurance?

-This is one of the most frustrating excuses we hear for postponing the purchase of life insurance. The best time to purchase life insurance is when you are young and healthy. By applying for life insurance while you are healthy you are guaranteeing yourself low rates as well as family protection.

#3. I realize life insurance is important. I will get it soon.

-If you have a family to support and protect, get life insurance now. Don’t put it off. Procrastination can be a heartbreaking danger when it comes to family protection.

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