“I can’t afford it.”
This is one of the most common reasons people give for not having life insurance. But the truth is: It’s less expensive than you think.
People with no life insurance overestimate its cost by three times. And even those who have coverage, overestimate its cost by two times.1
Did you know that a healthy 30-year-old man would pay less than $13 a month for a 20-year, $250,000, level-term policy?2
While it is an expense that you have to budget for, imagine what the financial impact would be for your family if something were to happen to you and you had no life insurance coverage at all.
There’s a policy to fit every budget, and a life insurance agent can help you find coverage that’s right for you.
1 2013 Insurance Barometer Study, conducted by Life Happens and LIMRA
2 Best annual cost quoted by AccuQuote.com, 2013