With 2019 in the rearview mirror and 2020 upon us, now is a great time to reflect on your goals and progress toward them. Common resolutions include goals related to health, fitness, and finances, but the new year is also an opportunity to reevaluate and address your insurance needs. If you procrastinated on purchasing life insurance last year, there’s no better time than the present to talk to your insurance professional.
Continued Procrastination Can Cost You — And Your Loved Ones.
The cost of life insurance is based on several factors, including your attained age and health status when you apply for coverage. In general, the younger you are when you apply for a life insurance policy, the lower your premium payments will be.
There is also the very real danger that waiting too long to buy life insurance could mean leaving your loved ones without the financial protection you want them to have. None of us knows what is next for us; we could die or become diagnosed with a serious disease at any point. In the case of a serious medical diagnosis, it could mean life insurance coverage is unavailable or unaffordable.
Don’t leave your loved one’s financial stability up to chance. Make one of your 2020 goals a reality by exploring options and applying for life insurance coverage now.
Protecting Your Family in 2020 and Beyond is Easy. Christopher Ferguson Insurance Can Help.
At Christopher Ferguson Insurance in Tyngsboro, we understand first-hand how having adequate insurance coverage in place can protect families from the financial strain that can otherwise arise when death occurs. We work carefully with each client to understand their needs, goals, and budget, and tailor insurance protection around those parameters.