05/29/2026
Life insurance is one product that cannot be purchased when needed. It needs to be purchased before it’s needed. It is a very simple adage “you cannot insure a building under fire”.
Additionally, the best time to purchase a life insurance policy is when you are young and healthy. Your premiums increase with age and health complications.
If you have a student loan or personal loan, your life insurance will protect your family from financial burden if God forbid you were to pass away.
Click the link for additional life insurance myths:
https://www.forbes.com/advisor/in/life-insurance/10-life-insurance-myths-that-need-to-be-debunked/