If you took a survey, you’ll find that many people see the value in having life insurance. They understand that it’s important to provide for their family in the event of their death.
However, many people don’t have life insurance. One reason is they think it’s too expensive. But, life insurance is a must-have, especially if you have a family or debt.
Getting Life Insurance Now Gets You Inexpensive Life Insurance
One of the factors that determines how much you pay for life insurance is your age. Since you are only getting older, getting life insurance now ensures you’ll pay the cheapest rate. With a lower premium each month, you can get more life insurance coverage for your money.
Purchase Life Insurance Now to Avoid Paying More Later
We live in a society in which it’s common to develop diseases. Unfortunately, many people who live long lives don’t develop only one disease during their lifetimes. Research shows that most people develop multiple diseases.
When you have multiple diseases, you reduce your life expectancy, ultimately. Additionally, once you’ve developed diseases like heart disease or cancer, getting life insurance can get expensive. To avoid getting declined for life insurance, apply while you are disease-free.
Life Isn’t Guaranteed
Although it’s hard to admit, tomorrow isn’t guaranteed. An accident could take your life in an instant. Once your family has grieved, can they sustain their lifestyle without your income? Do you think your spouse will be able to keep the house and car?
With many households relying on two incomes, many people would say no. If you fit into this group, then you need life insurance now.
With life insurance, your family can take the death benefit of your policy and pay off the mortgage. They can also pay off vehicles. With fewer bills, they have a fighting chance at sustaining their lifestyle. Additionally, with fewer bills, they’ll have the time they need to grieve for as long as they need to grieve.
When it comes to life insurance, the earlier you get a policy, the better it will likely be for your family. With a life insurance policy in place, your family’s financial future won’t be up in the air. As such, with the right life insurance policy, you can provide for your family now and later.
Crawford-Butz and Associates is here to get you the correct policy at the right price. Call us at 314-752-2500 for a quote today.