Do you have a new addition at home? A tiny, adorable, sometimes screaming bundle of joy? If you have a child at home and have not bought life insurance, now is the time to do so. Life insurance is a necessity to make sure that your loved ones are taken care of in the event of your untimely death. No one likes to think about death, especially when you may have a newborn to care for, but if you want to protect your family financially, purchasing life insurance is imperative.
Many people argue that they are too busy to purchase life insurance. True, it does take some time and investigation to get a policy in place, but you may just be sacrificing a few hours that you would have spent watching T.V., and the results, having a life insurance policy in place, can protect your family for 10 to 20 years for a good term life insurance policy or for a lifetime for a whole life policy. In short, the sacrifice in time is worth it for the protection you provide your family.
Don’t know how to get started searching for a life insurance policy? Simply take advantage of one of the many life assurance deal comparison sites to compare rates they are just as easy as finding online car insurance quotes which is amazing. From there, you can work with a broker or contact the companies yourself. There will be some forms to fill out, and you must honestly reveal your current health state. Are you a smoker? Have you recently quit? Although it may be tempting to skew the truth a bit on these forms, being honest is in your best interest. If it ever is revealed that you were dishonest on the application, your policy can be forfeited. Be honest. After you have filled out the forms, an insurance agent will come to your home and take your blood pressure, weigh you, and ask you several health related questions. Wait a few more days for confirmation, and you will be insured.
Some people also worry about the cost of life insurance, but the younger you put the policy in place, the less you are likely to pay. Even if you have to pay more than you would like, contemplate how your family would survive without your income, or, if you are the stay-at-home parent, how your family would function without replacing all of the tasks you do on a daily basis to make sure the day runs smoothly.
Life insurance is a worthwhile investment that only requires a few hours of your time to put in place. Doing so is well worth the time and money you spend, and it will give you valuable peace of mind.
Guest Post by Melissa