As you get older your needs start to change. When you were in your twenties you probably only needed a limited amount of coverage so that your parents wouldn’t be responsible for covering any outstanding student debt or funeral expenses. [Read more…]
There are many reasons why a 40-year-old would need life insurance.
In your forties you have just reached a critical threshold, what most doctors would say is the halfway point in your life.
On average men live to be 79 years old and women live to be 82 years old, so your early forties are a critical point to purchase life insurance. [Read more…]
Life insurance will never be cheaper than it is in your 20s. But many people in their 20s don’t need life insurance.
If nobody depends on you financially, or you do not have large amounts of debt, then it may not be the best use of your money.
However, if you do have financial dependents or college loan debt, life insurance is a way to protect them financially, which you will hopefully never have to use. [Read more…]
You are in your 20’s, you are on your own, not under your parent’s roof anymore. Its time to start thinking about your financial future and for those who depend on you. [Read more…]