{"id":391,"date":"2019-04-22T09:37:57","date_gmt":"2019-04-22T15:37:57","guid":{"rendered":"https:\/\/cowestdtc.com\/?p=391"},"modified":"2019-07-02T07:13:47","modified_gmt":"2019-07-02T13:13:47","slug":"how-does-life-insurance-work-5-common-life-insurance-myths-debunked","status":"publish","type":"post","link":"https:\/\/cowestdtc.com\/how-does-life-insurance-work-5-common-life-insurance-myths-debunked\/","title":{"rendered":"How Does Life Insurance Work?"},"content":{"rendered":"\n

Are you wondering how life insurance works? Don’t fall for the myths! Read on to learn about common life insurance myths and why they’re wrong.<\/p>\n\n\n\n

Everyone loves a myth-bust moment.<\/p>\n\n\n\n

When you hear the words “life insurance”, a lot of rushing thoughts probably come to mind. It seems like a daunting weight hanging above your head, maybe even words you associate with your own passing.<\/p>\n\n\n\n

However, life insurance doesn’t have to be that scary! In fact, it can be extremely helpful and comforting if you look at it the right way.<\/p>\n\n\n\n

Get the answer to the ultimate question, “How does life insurance work?” below. Make sure to keep reading to see 5 life insurance myths debunked.<\/p>\n\n\n\n

1. Life Insurance isn’t Affordable<\/h2>\n\n\n\n

Many people think purchasing life insurance is completely unattainable. While there are different types of plans ranging in price, basic life insurance is affordable.<\/p>\n\n\n\n

Plenty of people estimate the cost of life insurance to be several hundred or even $1000 per year. While additions to your plan may raise the cost to a higher price, it’s typically around $200 per year.<\/p>\n\n\n\n

If you are skeptical, start with a simple plan and then look at different types of life insurance as you become financially stable. Don’t be afraid to seek professional life insurance help<\/a> if you have questions.<\/p>\n\n\n\n

2. Life Insurance Isn’t Worth It If I Don’t Have a Job<\/h2>\n\n\n\n

Even if you aren’t the main breadwinner of the family, what you do still matters! You may be driving the kids, providing education at home, or keeping up the home.<\/p>\n\n\n\n

If you did pass away, life insurance money may be able to cover the costs of these responsibilities. We all know gas prices<\/a> are constantly rising.<\/p>\n\n\n\n

3. I Can Only Purchase It If I’m Not Sick<\/h2>\n\n\n\n

Yes, life insurance is cheaper if you aren’t sick. However, it’s still something to have if you are chronically sick.<\/p>\n\n\n\n

If you are worried about the cost of purchasing insurance while sick, you’re most likely overestimating the total cost. The key is doing the research to find the plan and company for you.<\/p>\n\n\n\n

Don’t be afraid to set aside time to thoroughly research types of life insurance today!<\/p>\n\n\n\n

4. My Employer’s Life Insurance Plan Is Enough<\/h2>\n\n\n\n

Everyone who gets life insurance from their employer loves it. However, whatever you are getting from your employer is most likely not enough.<\/p>\n\n\n\n

They usually only supply a couple years’ worth your total income. Take what you can get from your job but don’t hesitate to look into additional coverage through other companies.<\/p>\n\n\n\n

Don’t worry, you’re not the only one confused time to time with understanding employee benefits<\/a>.<\/p>\n\n\n\n

5. Life Insurance Is Useless If My Children Are Grown<\/h2>\n\n\n\n

Even if your children aren’t home anymore, it’s still important to have life insurance. When you pass, their could be medical bills to pay or debt you’ve left behind.<\/p>\n\n\n\n

If there’s not any debt, you can still leave your children an inheritance.<\/p>\n\n\n\n

Answers To, “How Does Life Insurance Work?”<\/h2>\n\n\n\n

One of the most daunting questions we have in life is, “How does life insurance work?” While it seems like a difficult question to find an answer to, it doesn’t have to be that complicated.<\/p>\n\n\n\n

To help you out a bit, there are 5 myths above you shouldn’t sweat over when it comes to it! it’s more affordable and accessible than you think.<\/p>\n\n\n\n

If you are in need of life insurance or other types of insurance, we are here to help. Make sure to contact us<\/a> now.<\/p>\n","protected":false},"excerpt":{"rendered":"

Are you wondering how life insurance works? Don’t fall for the myths! Read on to learn about common life insurance myths and why they’re wrong.<\/p>\n","protected":false},"author":1,"featured_media":393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,11],"tags":[24,25,12,26,27,23],"yoast_head":"\nHow Does Life Insurance Work? 5 Common Life Insurance Myths<\/title>\n<meta name=\"description\" content=\"Are you wondering how life insurance works? Don't fall for the myths! 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