Top 2 Reasons to Purchase Life Insurance While You’re Young
When considering life insurance, buying young offers distinct advantages. Younger buyers typically enjoy lower premiums due to lower risk factors, and it’s easier to secure coverage when you’re in good health. As life evolves, having a policy in place provides financial security for dependents, covers debts, and ensures peace of mind. Starting your protection journey early can help safeguard your financial future against unexpected challenges.
Should I Get Life Insurance if I Have Substantial Savings?
The role of life insurance is to transfer the financial risk of a death event, often termed as “premature death” or “dying too early,” to an insurance company. Without life insurance, this financial burden could be too heavy for a family to bear. What are these financial risks? They typically include: Providing a continuous income […]
Do More Life Insurance Riders Equal to Better Coverage? Debunking the Myth.
Does having more riders mean better coverage? The more riders I add to my plan, the more coverage I should have, right? Is this a myth or a fact? There are times when I ask some of my contacts if they know what they purchased for their insurance plan, and their response is, “I think […]