When you should purchase life insurance is a good question.
Since insurance premium increase the older you get, purchasing when you are young and healthy is the best time. One approach would be to buy a base of permanent level premium coverage with a guaranteed insurability rider and a large block of inexpensive term insurance. This would lock in your insurability.
Most people do not think that far ahead and buy insurance to cover a specific current objective, such as protecting family income today rather than looking forward and anticipating future needs.
An independent insurance broker can help you find the right policy at the right price.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
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Since insurance premium increase the older you get, purchasing when you are young and healthy is the best time. One approach would be to buy a base of permanent level premium coverage with a guaranteed insurability rider and a large block of inexpensive term insurance. This would lock in your insurability.
Most people do not think that far ahead and buy insurance to cover a specific current objective, such as protecting family income today rather than looking forward and anticipating future needs.
An independent insurance broker can help you find the right policy at the right price.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.