When talking to our clients about life insurance we hear some very common responses, such as “I don’t need life insurance I’m too young”, or “I don’t need life insurance, I don’t own a house yet” or another “It won’t benefit me when I’m gone.”⠀
However, you are not too young, the younger you are when you take out your policy the cheaper it will be and you certainly don’t need to own a house to have a life insurance policy. Almost anyone can take out a policy for whatever amount they like for as long as they like for whatever reason they like. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
Of course it won’t benefit you, it’s not meant to. A life insurance policy is designed to support a loved one after you’re gone, whether that is by paying off the mortgage or providing a cash lump sum.
The important thing to remember is that it’s worth taking out an insurance policy when you think you don’t need one, rather than waiting for the day you actually do because the earlier you do it, generally speaking, the healthier you are and subsequently, the cheaper it is. So you and your loved ones can get on with enjoying life with the peace of mind that should the worst happen, you have made plans to protect the futures of your nearest and dearest.⠀⠀
Talk to Asset Harbour today about protecting your loved ones.⠀⠀⠀⠀⠀⠀⠀