Your first Policy
Taking the first step in protecting you and your family can be easier than you think!
A topic that my husband, Mike, loves to talk about is Adulting. I know, no fun, right?
Right. BUT it is important. Research shows that one of the least talked about topics in America is Financial Literacy. How could that be? It turns out that society is a huge fan of instant gratification, and finance is an area that demands a whole lot of patience and a bit of understanding.
Society has also turned discussing your income and finances into a topic that’s almost taboo. So where do you begin?
When investing in your first policy, your first step is to reach out to a Licensed Agent and express what your personal needs are. Life insurance is not a one size fits all purchase. Think of it this way. Most people cannot go and grab a pair of jeans off the rack and know for a FACT that every inch of them will be the perfect fit. For a custom fit, you should bring them to a tailor. That’s the benefit of having an experienced agent in your corner. They have the knowledge to select a policy that IS the perfect fit for you.
Here are a couple of things you should keep in mind:
You must qualify for a plan. Your age, health, and budget all play a part in the qualifications. Unfortunately, these are variables that constantly change as time goes on, so it’s best to start sooner rather than later.
Remember, something is better than nothing. The insurance company becomes a partner in your financial picture. For $100 a month on your part, each month they could be responsible for $100,000 or more.
Your needs WILL change. When your needs change, you will want to re-evaluate your plans.
Where do your financial needs fit?
If an agent tells you that one kind have policy is the best kind of insurance and the others suck, then you need a better agent!
The only choice you need to make now is the choice to be covered.
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