Life insurance is something that many people often forgo until it’s too late, and their reasoning for doing so is often weak and unmerited.
Life insurance is not mandated by law and perhaps that is why many individuals put off buying it for years. But oftentimes the excuses that people make up for themselves hold no value and are based off of false information. Here are a few reasons why people don’t buy life insurance and why they are wrong in doing so.
- The Price
New and young families often have a budget to which they have to adhere. After all, they have a mortgage to pay, mouths to feed, and diapers to buy. They don’t see it as a necessity. The truth is that a life insurance policy can cost less per month than buying a cup of coffee every morning. - Strong & Healthy
You might be young, strong, and healthy now but you can count on this being temporary. We all head towards the grave but not before a long waltz with health. One day you’ll wake up and your knee will hurt for no other reason than age. A life insurance policy purchased when you are healthy costs much less than purchasing one when you have pre-existing conditions. - No Children
Children are the biggest reason to purchase life insurance because you want to give them the best opportunity after you pass, so many people who don’t have children don’t see the point in life insurance. But what about your spouse or other loved one? You should make sure that your loved one is protected should you die.
To learn more about life insurance and what it can do for your loved ones, contact Donald Weiss Insurance Services. Our dedicated team will help determine your coverage needs, helping you pick the right policy with the right term for your life goals. Don’t be left with questions when buying this essential coverage; call us today!