Life these days is about finding the right balance, the perfect blend of work and play, needs and wants, saving and spending.
You’ll face the same type of decision-making when shopping for life insurance. Too little coverage can leave your family underinsured, too much can have you overpaying for your individual needs.
For many people, your 40s are a time where you re-confirm many financial decisions made to date in your life. Are you on pace for a comfortable retirement? Is it time to refinance your mortgage for a better interest rate? Have you saved enough to take some of those dream vacations?
Another financial item to revisit? Your life insurance needs.
For some, your 40s could be the first time you’ve ever needed life insurance. Maybe you had your first child later in life, or you’ve even taken out a loan to start a new business.
You know what they say about your 30s…
It’s the best time to buy life insurance.
Okay, so maybe they don’t actually say that, but the point still stands: Life insurance in your 30s is often one of the most practical, impactful and affordable times to buy a policy.
From the time they are little, many people dream about being married someday. Who will the person be? How will they meet? How many beautiful children will they have?
Typically, nowhere in those fantasies do the topics of shared financial responsibilities and preparation for the unexpected come into the equation.
But as we know, planning for a lifetime with your soulmate extends beyond just wedding arrangements and booking the honeymoon.
We recently did a live Q&A with Lifehacker where we were asked a couple of times, in varying forms, a question we get all the time about life insurance: how important is it to have life insurance outside of work? One of the biggest misconceptions about life insurance is that…
We’ve become pretty accustomed to our convenient online services. It seems near impossible to imagine a life before Amazon Prime’s two-day free shipping, scheduling an early morning rideshare app pickup for 6 a.m. flights, or even being able to manage your banking without setting foot in an actual bank.
Just like the previously mentioned services, the life insurance buying process has also experienced similar innovation.
High quality, affordable and personalized coverage that can be purchased entirely online is real. And it’s spectacular.