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Tag Archives: cost of life insurance

There’s Room in Every Budget for Life Insurance

  One of the most common reasons people give for not owning a life insurance policy is that it costs too much money. How can you afford yet another monthly or yearly payment when you’re already struggling to pay your bills? Well, this is precisely why one should own a life insurance policy, so that they can ensure the people they support are taken care of, if and when they die. After all, if your household finds that money is often tight and paying for essentials like the mortgage and car payments can be a struggle, how would your loved ones cope if their source of financial support–you–was gone? When budgets are tight, it can be difficult to imagine where the money would come from for a life insurance policy. The good news is that term life insurance can be purchased at a price that anyone can fit into there budget. Keys to making life insurance affordable: 1. Buy when your young 2. Maintain a healthy life style 3. Keep your driving record clean ┬áTerm is the best bet to keep the cost down: Term life insurance certainly has risen in popularity in recent years, as it’s more accessible to ...

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