Five reasons you should consider life insurance when you are young

1.   Buying life insurance has never been easier!

The advancement of technology has made buying things much easier, including life insurance. Most insurers now utilize and accept electronic signatures and leverage software tools to submit an application. The need to print an application, sign, and then mail via the USPS is no longer necessary. Also, the need to have a face-to-face meeting with your boring captive agent is gone.  Purchasing life insurance from an independent Agent like us at Dtown Insurance is easy. All we need is a few pieces of information: Your age, gender, address, desired coverage (what you can afford) and policy length.  

2.   You can lock in lower rates while young and healthy

Buying a life insurance policy when you are young and healthy with less health issues will help you qualify for better, lower rates, and can help save money later. Sorry to say, no one knows what our health will be in six months, one year, or even further out as you age.

3.   Start planning for your future

Are you getting married and planning on starting a family, having children in the near future? Almost all family budgets and lifestyles (think home, car, vacations) depend on the dual income from a husband and wife. A life insurance policy can help with income replacement if something unforeseen would happen to you or your spouse.

4.   Are you buying a home?

Millennials (even those without children) now buying homes should also consider buying life insurance with the policy’s cash value at least equal to the home's value.

5.   Your employer's group life insurance will not travel

Many employers include life insurance as a benefit, but because it is job-dependent, you could lose this benefit if you switch jobs. Most likely this is a group insurance policy, and you can’t move the policy when you leave your job. And it’s highly unlikely this is your first, or second, job or will be your forever job. It’s always better to have individual life insurance outside of work, so you always have coverage in place – even if you change your job.

Twenty-two percent of insured Americans (29 million) believe they need more life insurance. For those without coverage, 59% say they need life insurance, which represents 73 million Americans. What coverage do you have in place today?

We are only a phone call away. We will do all the work to get you fast accurate life insurance quotes.

Call us today  215-345-1796