19/06/2023
3οΈβ£ myths about Life Insurance debunked β¬οΈβ¬οΈβ¬οΈ
1οΈβ£ Life insurance is expensive.
- Life insurance is a financial tool that helps in the case of unexpected death. Life insurance is an investment you make to protect your family. Remember it's not for you, it's for them π¨βπ©βπ§βπ¦β
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2οΈβ£ Life insurance is not needed if I'm young and healthy
- Many believe that life insurance is not necessary if you're young and healthy. However, it's still very important to protect your family, assets and income if you die suddenly or are unable to work. Moreover, if you take life insurance at a younger age, you'll qualify for lower premiums. As you get older you may develop health conditions that make your policy more costly or may disqualify you from buying a plan.
3οΈβ£ You cannot get life insurance if you have pre existing medical conditions π€
- Incorrect, as polices become more & more competitive. Providers will cover more conditions to increase their market share. If you have pre existing medical conditions or you've been declined life insurance before. Speak to one of our experts to see if there's other options are available for you. Providers assess on a case-by-case basis.
If you have any further questions on life insurance and how it can help protect you and your family. Comment below or DM β¬οΈβ¬οΈβ¬οΈπ© We'll be happy to help π