Do you have life insurance?  If not, ask yourself why?  Some people don’t buy life insurance because they don’t think they need it and some others don’t think of it as an essential financial product like a bank account or a credit card.  Maybe you don’t have life insurance because you think the premium costs are too high or maybe it’s because you haven’t thought about what happens to your loved ones and family members after you’re gone.

Over the last couple of years I have lost my best friend as well as a family member and I can attest to the fact that the entire situation would have been completely different if they didn’t have life insurance.  We didn’t have several thousands of dollars to pay for final expenses, nor did we have the emotional and mental stability to deal with the financial aspects of a funeral.  Life insurance helped relieve that stress. So let’s get back to the original question, why don’t you have life insurance?

Unexpected events do happen

Many people feel that buying life insurance is a bad omen, almost as if they’re betting against their own wellbeing.  In fact the exact opposite is true.  Life insurance is a valuable financial solution that can help protect your loved ones and your assets in case of an unexpected event.

Very often people don’t buy life insurance because they think “I’m healthy and young so I don’t need it”, unfortunately we just never know what can happen – no one does.  Unforeseen events happen all the time.  It would be a shame to leave your dependants financially abandoned in case of an accident just because you didn’t plan for an unexpected event.

Covering the costs of final expenses

When your loved ones are dealing with a personal loss there is nothing in the world that can fill the void.  If you’ve ever lost someone you know it’s true.  The days leading up to the final good-bye can be overwhelming as people are filled with grief and are busy making arrangements.  The last thing they want to worry about is whether or not they can afford to carry out someone’s last wishes.

Life insurance relieves this additional (and unnecessary) financial stress that comes with having to make arrangements for funeral services.  According to Fox Business a casket alone can cost up to $10,000 and cremation services can cost over $3000.  Life insurance can help cover funeral costs as well as other final expenses such as taxes and outstanding debts.

Ensure your dependants are taken care of

Life insurance is often seen as a product that benefits survivors in an unfortunate event.  Sometimes this is true, but it can also be used as a tool to sure your dependants are taken care of when you pass.

If you’re the sole breadwinner think about what will happen to your spouse and children – or even your parents – if something bad should happen.  If there’s a mortgage loan on your home and the revenue source is gone your family will no longer be able to make the monthly payments.  If they lose the house where will they live?  How will they eat?

The proper amount of life insurance will replace the regular household income and provide financial security for your dependants in your absence.  This can include providing an ongoing monthly income as well as specific expenses such as the cost of a child’s education, paying off a mortgage loan or setting money aside for a grandchild’s wedding.

Life insurance doesn’t have to be expensive

Sometimes people don’t invest in life insurance as a part of their overall financial plan because they don’t feel they can afford the monthly insurance premiums.  The question to ask yourself is “Can you afford not to?”

Life insurance is only expensive if you purchase an amount greater than you need because then the monthly premiums are unnecessary for excessive coverage.  Nobody wants to have higher monthly expenses than they need to, right?

How can you ensure you have the right amount of life insurance and you’re getting a good deal on the premiums?  By getting advice from a professional.  You wouldn’t buy home or auto insurance without the advice of a professional and shopping around for quotes, would you?  The exact same consumer principal applies to finding the best life insurance.

You can get a quote and purchase life insurance online

If you don’t have time to visit an insurance agent or go to the bank, no worries; quality life insurance is available online.  Quotacy was created for people who prefer the convenience of shopping online.  It’s easy to get a quote and they compare the rates from several well-known insurance companies in the United States such as John Hancock, Prudential and MetLife – just to name a few.

The information is unbiased which is how you know it’s a trustworthy service.  In just a few easy steps you can determine how much life insurance you need as well as obtain quotes from several different companies.  Ultimately at the end of the day the decision is yours.  Quotacy provides all the information you need to make a well informed decision; you choose the coverage and provider you want.

The entire process of purchasing life insurance online with Quotacy is transparent.  After you obtain a quote you can change the coverage amount and duration of the policy at any time and you’ll see how the changes affect your monthly payments in real time.

They’ll walk you through the process of getting life insurance every step of the way.  If you prefer to communicate with an insurance specialist they’ll reach out to you via your preferred method whether that is a conversation over the phone, via text or by email.

If you know you need life insurance but don’t know where to start visit Quotacy today to get expert advice and obtain competitive quotes.