Millions of people have life insurance, and thousands more are sitting at their computers right now wondering if it’s the right choice for them. But, as they scroll through the hundreds of pages online that detail what life insurance is all about, they find that affordable term life insurance may not be as affordable as they hoped for. Life insurance cost is one of the aspects that turns hundreds to thousands of people away from life insurance every year. But today we want to help you understand what life insurance truly is, why it is necessary, and how we can help you get affordable coverage.
Understanding Life Insurance and Statistics
Did you know that, in our current times, 3 out of 5 people have some type of life insurance already? Another 34% of people say that they are going to make a purchase sometime within the next year. Everybody is jumping on the bandwagon to life insurance – because it’s a necessity. By 2050, we are expecting to see 89 million people on Earth who are 65 or older, and because of this, we want to make sure they have the protections they need. Life insurance is a contract that you will enter into to ensure that, if you pass away, your family will have everything they need to work as replacement for your income and so much more. But many people believe that life insurance policies are always expensive and unaffordable to their needs.
The truth is, life insurance can be purchased at any increment, making the process so much easier based on your needs. They can be purchased at as little as $10,000 to policies that stand somewhere in the millions for those with the largest needs. The truth is, the healthier you are based on the choices you make, the less you will probably pay. Did you know that tobacco use will affect how much you pay? If you choose not to smoke and make healthy life choices, you could see less in life insurance rates.
86% of people surveyed believe that most people require some type of life insurance coverage. Forget life insurance cost for a second, pick up the phone, and call us today so we can determine which plan would be right for you.