KYD - Personal Finance
Anyone who does not have life insurance should consider purchasing a policy today. This is true for people who currently have someone who is dependent on them in some way.
This is true even for people who do not currently have dependents but who plan to rely on their income or services in the future.
One of the biggest and most important reasons to buy life insurance today is that tomorrow is not guaranteed.
No one plans to get into an accident that leads to their untimely death, or to develop a serious illness that they may not come back from. But these things keep happening to people every day.
No one plans to get into an accident that leads to their untimely death, or to develop a serious illness that they may not come back from. But these things keep happening to people every day.
Leaving loved ones facing this condition is not worth the risk of continuing. It is better to buy life insurance now in case tragedy strikes sooner than anticipated.
Life insurance is priced based on risk. A person who is older presents a greater risk of dying during the coverage period for the insurer.
As a result, buying life insurance at a young age is less expensive than buying it at an older age.
Every day a person waits means they get a little older and their premiums get a little more expensive because it becomes riskier to insure them.
Consumers should shop around and explore their life insurance options to find the cheapest policy available to them that offers comprehensive coverage from a reputed life insurer.
Anyone who is currently in good health should consider purchasing life insurance today before a condition affects eligibility.
And people with pre-existing conditions should also look into what coverage options are available as soon as possible before their health condition worsens.
Don't wait to get coverage; There are too many risks and downsides to doing so. Instead, act now to get the most affordable protection possible for your loved ones.