If you’re an adult in your 20s or early 30s, chances are life insurance has never crossed your mind. Regardless of age, however, it may be essential. Here are some questions to ask yourself if you’re a young person without life insurance.
Are you a single parent or the main source of income for a dependent? If people are depending on your livelihood, you may want to investigate the security of life insurance. If something happens to you, your dependents (parents or children) could be left to fend for themselves. Life insurance offers the promise of financial aid to help them.
Does your partner depend on your income to make ends meet? If mortgages, joint car loans and major purchases would be jeopardized in the event of unforeseen circumstances, life insurance could be an integral investment. When one partner is unable to contribute, the right life insurance may lessen hardship and struggle for the other partner.
Are you concerned about unexpected expenses? The costs of a funeral, memorial and legal fees are worries that no one wants to deal with at a time of grief. Proper life insurance can help cover these costs and help relieve financial burden for your loved ones.
If you have any other life insurance questions, feel free to contact our friendly, on-hand staff today!