“I am still young or I don’t have kids, I do not need life insurance.” Some people believe the best time to purchase life insurance is when they are middle-aged, some recommend early, there are mixed answers. When is the best time to purchase life insurance?
Congratulations! on your new home! Buying a new home is a major milestone for many couples as well as considered the biggest asset in your life. However, if something happens to you, have you taken the necessary step to protect it?
Life insurance is meant to help protect your family’s financial future. In the case of your untimely death, life insurance is a key security coverage for your loved ones. It will give you security in knowing your family is protected. But there are several other reasons why a life insurance policy is necessary, besides offering financial assistance.
I have life insurance from my work, Do i need private life insurance?
Or Work has got me covered, I don’t need private insurance.
Before we answer the question, we must understand difference between Group Life Insurance and Individual Life Insurance.