If you were born between 1946 and 1964, you are part of the baby boomer 50's generation. That means you're somewhere between your early and early 70's. Hard to believe, but we're not youngsters anymore! (We may be in our heads, but our bodies tell a different tale!) Now, what does this mean regarding life insurance?
Even though we are all baby boomers, the difference between what's available to you and its' cost is quite significant as we age. The difference from early 50's to mid to late 60's is significant. Additionally, many of us have health changes that impact the ability to purchase and the cost of life insurance. For most people term insurance is the best choice for larger death benefits at an affordable cost and so this information will focus on what is appropriate for the largest group of baby boomers today.
By now you realize that simply picking the lowest cost carrier for coverage may not be in your best interest. As you know, many factors come into play when you apply for life insurance. Talk to an independent life insurance agent and find out about the different types of policies to choose from. Find out which type will best meet your objectives.
An independent life insurance agent has access to many more carriers than you can find easily on the internet. Understanding the finer points of how your life insurance policy works will give you the peace of mind you and your family deserve. Call us today, we'll be happy to help. (800) 698-7033.