Carrying a life insurance policy can be one of wisest decisions you can make for your family and loved ones. Currently, less than half of the people in the United States own individual life insurance policies. However, life insurance can be an important factor when unforeseen circumstances occur.
Let’s look at some of the fears and then separate fact from fiction:
As you experience changing events in life and take on greater responsibilities, you may need to manage different kinds of automobile, home, health or life insurance. To help you get started, we have put together this guide to basic insurance terminology:
Many people find that shopping online is convenient and easy. You can buy a wide range of products and services on the Internet, from clothes to cars to even life insurance! In fact, many companies will provide free online life insurance quotes and calculators, allowing you to quickly find information that can help you choose what may work best for you.
To help you make sure that your personal information remains secure while shopping online for the life insurance, here are some things to remember:
Parents of children ages 4 and under: Do you want to help save for your child’s future? Start by entering a sweepstakes to win money for his or her college education!
The Gerber Products Company – “the baby food people” – is giving away a $50,000 Gerber Life College Plan, and other daily $1,000 cash prizes, through the Feeding Their Future sweepstakes. Parents of children ages 4 and under are eligible to enter the sweepstakes, which begins August 31 and lasts until October 19.
Don’t think you need life insurance? If you have a family or if you plan to start a family, you should consider the benefits of purchasing life insurance now. You’ll save money on your policy and you’ll gain immediate protection.
Life insurance premiums are lower when you are young and healthy, and the cost will never increase for as long as you own the policy – so purchasing now may actually be cheaper than waiting until later to do so. On the contrary, as you age, your health could change and prevent you from finding an affordable coverage option or even an insurance policy.
So ask yourself: Is waiting until later to buy life insurance coverage worth the risk?