Life Insurance
Who should get Life Insurance?
Young married couples are probably the best candidates for getting some life insurance for a few reasons. Most insurance companies will give you super great rates the younger you are, for obvious reasons. I’ll spell the reasons out for you though.
1. Generally the younger you are, the healthier you are, potentially. Therefore you have less chance of dieing, or having a life threatening accident of any kind. The older you get, the more likely you are to get a broken bone or an illness that could lead to death. This all sounds rather morbid, but it’s a fact.
2. If you are a non smoker, you can get a pretty great rate as well, again for obvious reasons but I’ll still spell it out for you. Smoking can cause some serious illnesses, which lead to death in a number of cases, every day in the US. So life insurance companies love non smokers.
3. People that have a fairly inactive lifestyle (meaning no extreme sports) and go to the gym on a regular basis get fantastic rates too. Did you know that simply walking for 30 minutes a day cuts down your chance of getting sick from common illnesses by about 30%? Yeah, so do the life insurance companies.