It doesn’t matter who you are or what you do, a life insurance policy is a good idea for everyone. What does matter is how much life insurance you need. Someone with a mortgage and a family may need more than a someone who is single living in an apartment. There are many different types of policies out there and your life insurance broker will be able to offer some guidance based on your unique needs.
Q. How do I know if I should buy life insurance?
A. If you ask yourself “would my death cause financial strain to those in my life?” and the answer is “yes”, they you need life insurance.
Q. At what age should I buy life insurance?
A. Buying life insurance at a younger and healthier age is cheaper than waiting until you are older when there is an increased risk at developing health concerns.