When is the Best Time to Buy Life Insurance?
Life insurance is one of those things that’s easy to put off. However, the best time to buy life insurance is before you need it. Whether you’re young, healthy, or approaching retirement, understanding when to buy life insurance can help protect your family.
When you’re looking at a calendar there really isn’t a “best time to get life insurance” but, there are several times throughout the year that can trigger your needs for buying a policy or reviewing your current coverage to make sure it’s enough for your needs.
1. Major Life Events
Major milestones like marriage, the birth of a child, or buying a house are ideal times to consider purchasing life insurance.
2. End-of-Year Planning
The start of a new yar or tax season is a great time to review your financial situation and consider life insurance.
3. Age Considerations
The younger you are, the lower your premiums will be, making it advantageous to buy early.
4. Before Your Term Life Policy Expires
If you already have a term life policy, ensure you renew or convert it before it expires to avoid a coverage gap.
Life can be unpredictable, but having life insurance in place offers peace of mind. Getting life insurance with The Family Security Plan® is quick and easy.
Don't wait for the perfect time - act now to secure your family's financial future.
