Buying Life Insurance Young…….
“Do I even need Life insurance? I’m only in my 20’s🤔”
Well…
Most young people don’t think about life insurance, because many believe it’s something only parents buy to protect their children (or that they’re invincible and death is years down the road😉)
While protecting your family is important, whole life—or cash value—insurance can offer a whole lot more.
Here are our top 3 reasons to consider whole life Insurance in your 20’s!👇
💸It can help pay for life’s expenses.
The living benefits of a whole life insurance policy can help pay off any student loan debt you may have accumulated.
The policy can also cover any other unpaid debts or final expenses should you die unexpectedly.
📈It can grow wealth over time.
Whole life insurance accumulates cash value, which can be used in the future for whatever purpose you desire, like paying for a wedding, helping to pay college tuition, making a down payment on a home, or supplementing retirement income.
📆 The earlier you buy, the better.
Life insurance purchased today can also protect your future insurability. And the younger and healthier you are when you purchase insurance, the less expensive it will be.
Once issued, whole life insurance is in place for life, even if your health changes!
