Myths about life insurance

#1 - Life Insurance is too expensive.

False - I have term policies for a 40 year old male in good health starting around $20 per month. We also have Permanent Whole Life Policies for infants that are under $20. Less than the cost of a nice steak dinner. 

#2 - I'm too young to think about life insurance.

​False - The sad reality is that everyone will die someday. And there are many benefits to buying life insurance while you are young. For example, It is cheaper, It oftentimes guarantees that you can buy additional insurance later without and exam, and some policies have savings accounts built into them which could equate to substantial savings over time.

#3 - I have insurance through my employer and that is all that I need.

False - It is great that you take advantage of your employees insurance. But did you know that many times when you leave a company the premiums go up so high that you can no longer afford the coverage? Also, if you are out of work due to a disability, employers have the right to cancel your group life insurance after 90 days, thereby leaving you uninsured.