First Insurance Group
Home Page

Free Insurance Quotes Auto Insurance Home Insurance Commercial Insurance Life Insurance Health Insurance

Life InsuranceLife insurance is one of those things you don't want to think about and surely don't hope will need to be used. However, it is one of the best investments you can make for your family. It can provide you with peace of mind and your family with the financial stability they need should something happen to you. Still, if you are like many people, you don't know all there is to know about this type of insurance, what it means to you and why you should get it soon. Consider these myths, and the truths that follow.

Myth 1: I'm Healthy and Don't Need It


First, realize that anything can happen to anyone at any time. If you were in an accident, your family could suffer in your absence. If you were diagnosed with a condition today, getting life insurance tomorrow could be either impossible or very expensive. Second, policies for those that are older that promise to "not turn you down regardless of your age" often offer limited benefits during the first few years. Get life insurance now while you are healthy and younger, before anything occurs to jeopardize your health.

Myth 2: Life Insurance Doesn't Help Me


If you don't have a family or your loved ones don't need financial support, you may not realize the value that these policies can offer. However, some options, such as universal life insurance, can still be beneficial. They provide you with an opportunity to borrow inexpensively from the plan, acting as a more affordable form of loan.

Myth 3: Medical Screenings Are Easy


Some life insurance policies promise a simple medical exam, or no exam at all. However, life insurance carriers take your assessment seriously. For that reason, be upfront and honest about your overall health. Be sure you are providing your agent with everything you know, since most policies may require an exam.

Myth 4: All Policies Are The Same


When comparing the various policy types and plan options you have, take the time to consider the details. Exclusions, limitations and gaps in coverage may apply. Pay close attention to the details of your policy.

Myth 5: You Can't Save Money With Life Insurance


Did you know you can bundle your life insurance plan alongside your other health insurance, and maybe even your home and auto insurance as well? This can help to reduce your costs. Purchase all plans from the same agent to get these savings.

Ultimately, most people who work and have people relying on them for income need life insurance. Don't put it off. It could cost more, be more difficult to get and even be limited in availability in some cases if you do put it off.

Do you know myth from truth? Call First Insurance Group at (800) 511-2892 for more information on Frankfort, KY life insurance.
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
First Insurance Group
Home | Get a Quote | About | Customer Service | Claim | Contact



First Insurance Group
Main Office 2520 South Highway 27 | Somerset, KY 42501 | Phone: (606) 679-3570
Bardstown 107 Lincoln Way | Bardstown, KY 40004 | Phone: (502) 348-5921
Frankfort 1510 Louisville Rd | Frankfort, KY 40601| Phone: (502) 223-5100
Nicholasville 508 North Main St, Suite C | Nicholasville, KY 40356 | Phone: (859) 885-9454
Richmond 312 Jason Dr Suite 3 | Richmond, KY 40475 | Phone: (859) 623-6692
Glasgow 605A Happy Valley Road | Glasgow, KY 42141 | Phone: (270) 651-5723

© Copyright 2017. All rights reserved. Powered by Insurance Website Builder
Get A Quote Find an Agent Locations
Facebook Twitter LinkedIn