04/03/2023
❌SOME COMMON MYTHS AND EXCUSES AROUND LIFE INSURANCE❌
There are a lot of reasons why people think they don't need life insurance. Here are some of the most common myths and excuses — and why they may not add up.
⭕️I have life insurance through my employer — A lot of jobs offer a group life insurance policy that's usually one or two times your salary. While that's a good start, in many cases, it won't be enough for your loved ones to replace your income over the long term. Plus, if you leave your job, that policy often won't travel with you.
⭕️It's too expensive — There are a lot of different types of life insurance policies, making it possible for virtually anyone to find something in their budget. If you're young and healthy, policies tend to have a very affordable monthly premium.
⭕️I don't know anything about life insurance — Life insurance can sometimes feel like a confusing topic. Sitting with a financial professional or life insurance agent can be really helpful. They can walk you through the policies that best fit your needs and help you figure out how much coverage you should have.
⭕️I can put that money into my savings — Pru Life Uk offers life insurance with an investment that helps your money grow in the stock market.
⭕️I don't have the time — You can complete most of the paperwork for many life insurance policies online from the comfort of your living room. These typically only take about 30 minutes. Your financial advisor will assist with your application to make it convenient.
⭕️I'm single/ I'm young so I don't need life insurance - A common misconception is that a young/single person without children doesn't really need to buy life insurance. There are many ways that you could use life insurance. It provides dreams and future goals through investment. And guaranteed protection benefits that cover accidental, disability, and critical illness coverage.
👩💼Igna Leanine Mozol-Madrid
Licensed Financial Advisor
📧plukignaleaninemadrid
☎️0927 565 6741
