Yes. There is generally little age limit for obtaining such essential insurance for one’s self and one’s family! This means your children and elders can be protected during these unprecedented times. As a young man myself, I did not know this fact until I entered the life insurance field, and can imagine many people, younger and older, do not know this fact as well!
In case you’re one of these people, we would like to detail this and other exciting facts you did not know about life insurance. Given the uncertainty of the times, it is now more important than ever to ensure security and safety for you and your loved ones. Below we have listed 5 things you probably didn’t know the ever important service of life insurance:
1.) There is roughly no age limit for obtaining life insurance?! However, some restrictions exist for people over 50 attempting to obtain. This means your children, spouse, family and friends are likely eligible to get covered during COVID-19 and beyond.
2.) Life insurance is very affordable!? Indeed. Especially compared to other types of insurance costs. According to a 2019 study of attitudes and behaviors regarding life insurance (known as the Barometer study), the majority of people assume life insurance costs three times more than it actually does! Who knew ensuring the future of your loved ones could be so affordable?
3.) There are life insurance policies that cover COVID-19. Given the fact that one can enroll one’s children or spouse in life insurance due to flexible age limits, it must be noted that death due to COVID-19 is covered in life insurance policies. In the event that a loved one is lost during these unprecedented times, with life insurance you can ensure that resources are provided for you and your family.
4.) Life insurance pays quickly! As compared to virtually all other types of insurance pay outs, life insurance will pay out funds to dependents of the recipient within a short period of time! Now that is quick support for you and your loved ones!
5.) There are ways to receive support even if the recipient of the life insurance policy is still alive!? Indeed. Through the “riders” feature or addendums within the life insurance contract, one can access “living benefits” for one’s self or one’s family in case long term care or other emergencies require resources from the policy
There you have it! Some surprising and convenient facts for obtaining life insurance. For all other inquiries regarding life and other insurance, please contact us at (909)985-3659 or via email @ email@example.com. We will be more than happy to assist you in securing the future of you and your loved ones during these unprecedented times.