Q: Is life insurance expensive? Why do I need it?

A: Many people come into my office with these same questions about life insurance. Here’s some more information about life insurance and the misconceptions that go with it.

Misconception 1: It’s too expensive

There are several risk factors that affect life insurance premiums, including the type of policy, age, gender and personal health history. However, over half the population thinks term life insurance is over three times more expensive than it actually is.

Misconception 2: It’s too complicated

Many people shy away from trying to get life insurance because they assume the quoting and purchasing process is going to be too difficult. They assume that they have to gather medical records, go into the office, meet with an agent, take a medical exam, etc. By answering just a few simple questions you can get a quote online.

Misconception 3: It’s not for me

Many people have a limited knowledge of life insurance, which leads to a lack of understanding of why they need life insurance in the first place.

There’s a lot to understand about life insurance, and we want to make sure you have all the information you need to make informed decisions about protecting the financial future of your family. 

I’d love to help make life insurance easier to understand. Feel free to call or text my office at  (704) 526-0887 or visit us in person at 9539 Idlewild Road or online at MyMintHillAgent.com.