How many financially destitute spouses and families are saying that right now?
Too many! It’s time to stop procrastinating about buying life insurance. Protect your family and get it done – And do it today! You don’t want to be full of “Should”!
“Should I buy life insurance?”
According to a recent study performed by LIMRA, many of you that don’t have life insurance or those of you that know that you don’t have enough, are spending money on frivolities like computer downloads, cable bills and dining out.
It is ABSOLUTE NONSENSE to find out that 2/3 of those surveyed overestimate how much a policy costs. Even worse is that Millennials have overestimated the cost of life insurance by 213% and GEN-X by 119%!
Another foolish excuse, and pardon my harsh word, but I will say it again, a foolish excuse for not buying life insurance is that 4 out of 10 people don’t know how much is needed or what product to buy.
And, as many as 54 % of those surveyed said they had no plans to buy life insurance in the next 12 months. I hate to rain on your parade, but some of those who responded this way is going to die over the next 12 months – and then what?
Life insurance remains an effective way of protecting family and loved ones in the event of one’s death, one that covers everything from basic funeral expenses to survivors’ total cost of living for years. How much Life Insurance Do I Need (And Do I Need It At All)? The Patch, Millford, CT
Let’s face it – nobody wants their family to needlessly suffer financial hardship. But, did you know that 43 %, or 2 out of 5 people LIMRA surveyed, said their family would suffer severe financial consequences within 6 MONTHS if the primary breadwinner were to die today?
“Should I buy life insurance?” Absolutely!
Life Insurance Is A Financial Safety Net
Stop wimping out, and start by clicking on the following basic life insurance primers to get started right now.
Stop putting it off what you can do today until it’s too late.
For those of you who think life insurance is too expensive – please, FOR THE WELFARE OF YOUR LOVED ONES, take the time to look at the quotes pages – you will be surprised at how INEXPENSIVE LIFE INSURANCE REALLY IS!
Reasons Why Americans Are Putting Off Life Insurance
What are you people spending your money on instead of spending it on life insurance and protecting your
family from financial ruin and poverty?
According to LIMRA, the results of what you would rather spend your money on include the following:
- 29% of Millennials cited saving for a vacation as a priority over purchasing some or more life insurance,
- 23% of Gen Xers said paying for recreational activities such as going out to eat, movies or shopping was a priority over purchasing some or more life insurance,
- 49% of those 65 and older cited paying for expenses such as internet, cable and cell phones as a priority over purchasing some or more life insurance, and
- 60% of Millennials said the same.
If you’re the main breadwinner in your household and you died in an accident today, do you think your surviving family
members are going to be able to afford a holiday, go out to eat, take in a movie or buy the latest tech gizmo?
Without life insurance, they’ll be lucky and probably happy if they can just manage to pay the mortgage/rent, put food on the table and pay the bills – and many won’t when their savings run out.
ATTENTION SPOUSES – You need life insurance too. Why? What you do to keep the home front running is incredibly valuable, and many of you don’t get enough credit for what you do.
Most families today depend on 2 breadwinners. So, likely you are working as well to keep the family home financially afloat.
But, what would happen if you died tomorrow? How is your spouse going to cope if you have young children? Will they be able to manage without this second income? Will your spouse be able to afford to pay someone to look after the kids?
Here are a few interesting facts uncovered by LIMRA which should be of interest for all you women out there:
1 out of 3 people with no life insurance think it’s 3X more expensive than it actually is
1 out of 5 people wish that their spouse or partner had life insurance or more of it
1 in 3 women believe they don’t have enough life insurance
Life Insurance is Affordable and Cheap to Buy
Let me put it in very simple terms, especially for those of between ages 20 – 35.
Are you going to tell me that you cannot afford between $13 – $35 (APPROX) per month to protect your family from financial disaster?
For this VERY PALTRY SUM of money, you can get a 30 YEAR TERM life insurance policy providing your family with life insurance coverage between $100,000 – $500,000.
Your beneficiaries would receive this as a TAX-FREE LUMP SUM PAYMENT.
That’s how cheap a policy could be for a healthy non-smoker (and the cost is cheaper for women!)
And, life insurance is the best way to prepare for the worst possible scenario.
Need Help Buying Life Insurance?
This means we can comparison shop for you, finding the best policy and at the best rates to suit your particular needs. We don’t use high-pressure tactics and are easy to talk to and would be happy to give you all the advice you need.
Don’t let life insurance intimidate you and don’t delay! Call us today at 888-603-2876, and we’ll be happy to help!*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.