“Should I buy life insurance?”
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”!
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.
Unbelievably, many of you are putting off buying life insurance because far too many people “WAY – OVERESTIMATE HOW MUCH LIFE INSURANCE COSTS!!!!
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, 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 are 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!
Quick Guide: “Should I Buy Life Insurance?”
- Life Insurance is Your Financial Safety Net
- Reasons Why Americans Are Putting Off Life Insurance
- Life Insurance is Affordable and Cheap to Buy
- Need Help Buying Life Insurance?
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!
- Life Insurance 101 – A Quick Guide to Get You Started
- Types of Life Insurance
- Life Insurance Quotes By Age
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 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’s 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
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!)
Plan for the Best!
Prepare for the Worst!
And, life insurance is the best way to prepare for the worst possible scenario.
Here, at Huntley Wealth we are easy to talk to and will happily take the time to discuss all your life insurance needs and answer all your questions. Why Huntley Wealth? We are independent life insurance agents and have access to over 70 life insurers.
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 877-443-9467, and we’ll be happy to help!
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