The Truth Behind 4 Common Misconceptions About Life Insurance
Myth:
Life insurance is only available directly through financial advisors. This is not the case. In fact, quality, strong valued policies for your entire family are often available through your workplace or your spouse’s workplace. For example, Boston Mutual Life Insurance Company offers a wide range of workplace solutions paid for by employers, employees or both, including whole life, term life, critical illness, accident and disability insurance. Licensed sales associates of Boston Mutual Life Insurance Company are always available throughout this process.
Myth:
Workplace policies can’t offer enough options for your needs. You’ll find that well-established life insurance companies understand the market well enough to offer a range of flexible products, including policies that are payroll deductible, stable in cost regardless of your age, portable when you’re changing jobs and available with addon riders or other insurance types through the same carrier.
Myth:
Young, healthy people don’t need life insurance. The truth is, your health can change at any time and it’s best to expect the unexpected. Further, uninsured people can easily leave behind personal, medical or mortgage debts and/or funeral expenses that end up burdening family members or executors when they die.
Myth:
Your life insurance policy only covers you, not your family. Not true. Some products protect you, your spouse, your dependent children and even your grandchildren, often at one affordable cost. That’s why marriage and becoming a parent can be excellent reasons for buying new policies.
Investing in life insurance is a crucial step to take when it comes to protecting yourself and your family from unexpected losses. But it doesn’t have to be confusing or complicated. Contact a Boston Mutual Life Insurance representative in your area to learn about options for you and your family.