Buying life insurance is often something that many people put off. It might be too depressing or too stressful for them to think about – they might have other things on their mind and might think that buying something for when you die is simply not practical.
The surprising (and sometimes sudden) occurrence of life and/or death can bring the true fragility of life crashing into you. Obtaining term life insurance is one of the most important and necessary decisions you can make for yourself and for your family.
“Better late than never” is a saying that can certainly be applied to purchasing guaranteed issue life insurance. Commercials play on television all the time, and mailers arrive in your mailbox; guaranteed issue life insurance policies peddled and endorsed by familiar celebrity faces that promise coverage for anyone and everyone. Does this sound too good to be true? In many cases, the rule of thumb is to disregard anything that fits this bill. Except with this particular type of life insurance; you definitely get what you see.
However, legally everything must be in the contract. So, the way to make sure that your affordable life insurance is guaranteed life insurance is to make sure you are reading every single thing that you get. And similarly do the smae if you get a boat insurance quote through the same company.
Now, you may still be mulling over in your mind what guaranteed life insurance is really about. So here is something else to consider -
1) Because guaranteed issue life insurance policies offer a “no questions asked” application system, those you decide to go this route should expect to pay a slightly higher premium than what other insurance companies might charge. In many ways this is similar to getting affordable health insurance, as you will get cheaper quotes if you agree to a medical. Remember, you are also paying for the convenience as well as the policy itself.
Now, if you have decided that you should in fact get life insurance. Then be sure to act quickly to get the matter resolved. It is a sad fact that many people keep on puttiung this off, and eventually time runs out for them before their family are properly covered. Don’t be amongst that sad number. Get your life insurance sorted out today, and get your family protected.