As a single person, you have plenty on your plate: meeting work deadlines, dating and planning for your financial future. Singles should consider including a life insurance policy into their financial planning process. Although life insurance is usually associated with parents and grandparents, all single professionals have a need for life insurance protection.
Securing a life insurance policy while you’re still young, healthy and active is a great way to get a good rate, save you money and ensure you have coverage later on down the road. Life insurance rates are always lowest for individuals who are the youngest and healthiest segment of the population.
Although you may not have a family today, you do likely have some debt that needs to be paid. If you were to pass away, who would be left to pay for your debt? Your parents or siblings, perhaps? A term life insurance policy can pay these debts on your behalf if you unexpectedly pass.
If you are ready to check out affordable life insurance policies, contact an insurance agent today to get started.