Why Do I Need Insurance?

The simple answer to why you need insurance is because you're responsible for yourself, your loved ones, and all debts attached to you. People can sometimes run into a false belief that when they die or get sick that things will just "work out". This is a very dangerous belief, as that never is the case. 
When someone dies, there is no recourse. That person died and can no longer make money for their family or pay off their mortgage and debts (also, debts don't just go away after you die either, it's passed on to your estate, meaning your family could be responsible). 
Same for the people that get seriously ill. Your greatest asset is your body and it's ability to work, if you ever lose that you'll find that it gets difficult to keep your lifestyle the same. Your bills and extra medical expenses won't just be covered while you recover, and you'll either need to pull from retirement savings or go into debt. 

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Things to Consider when Getting Insurance

Term Insurance

Term insurance is the most affordable type of insurance and most common as well. This is a great option for young people as they will have many changes in their life and will have many changing insurance needs.
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Return of Premium

Some types of insurance will return all the payments you put into it if you don't end up using the insurance. This is something that people should consider if they think they don't need or will never use the insurance. This way you'll have it with no risk to yourself.

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Permanent Insurance

Permanent Insurance is what people use to pay for their funeral and estate expenses. This type of insurance is one price for the entire life of the insurance. It can also have an investment piece which can grow to a point where it pays for your insurance.
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Non-Medical & Non-Face to Face

This is sometime to consider for people who either don't like getting their blood taken or for people who are too busy to sit down with an insurance agent. This is all to make the process easy for everyone.

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