Life insurance is probably one of the most important insurance coverages to have but not a lot of people below the age of 40 have it. The reason? They all think nothing will happen to them so why bother getting the coverage. That’s not true. You don’t have to be 40 or over to get life insurance and being young doesn’t mean nothing will happen to you.
I mentioned in one of my previous posts that recently a 23 year old friend of mine was diagnosed with cancer. Luckily, it is treatable but if the doctors hadn’t caught it on time, his family members would have had to pay for his medical and funeral costs as he doesn’t have a life insurance policy. That could have been a costly procedure as funeral expenses aren’t cheap nor are medical expenses.
Another example would be a young adult who passed away because of a heart attack. Nobody would expect a person in their late 20s, early 30s to have a heart attack but it is possible. Now his medical bills, funeral costs and his debts have to be paid and they’re all pushed off to the family members. That could be a real hassle and a cumbersome process to deal with if you don’t have a life insurance policy. If you have a policy of $100,00 not only would the medical and funeral expenses be paid but the leftover money would be given to the family members to help them out with other expenses.
If you buy life insurance at a younger age, the monthly cost would be a lot cheaper compared to that of an adult over the age of 40 since you have less problems and are fairly healthy at your prime age. So why not take a few minutes to call us at 860 684 2721 or visit our website to get a quote. It will help you in the long run and secure your family’s future in case something were to happen to you.
Watch this video to find out how important buying a life insurance policy can be.