Olde Town, Washington
485 Rainier Blvd. N, Suite 101
Issaquah, WA 98027

3 Reasons People Don't Think They Need Life Insurance May 19, 2017

Olde Town, Issaquah Plateau
3 Reasons People Don't Think They Need Life Insurance, Issaquah Plateau, Washington

Life insurance is a way to make sure your loved ones are cared for if you are no longer around to provide for them, so it should be a crucial part of your financial planning. However, many people find reasons not to purchase a policy. Tom Sessions State Farm Agency, the most trusted and reliable insurance agent in Issaquah, WA, reveals the most common reasons people don't buy life insurance and why those reasons don't always hold water.

3 Common Reasons People Don't Buy Life Insurance

1. They're Young & Healthy

Many people believe they don't need life insurance because they're young, fit, and healthy. In truth, the best time to purchase coverage is when you are young and healthy because it lets you buy into a policy at the lowest rates. You'll discover it becomes much more difficult to be approved for adequate coverage once you've suffered an accident, come down with an illness, or aged considerably.

2. Life Insurance Is Too Expensive

Life insuranceSome people have the impression that life insurance costs a fortune, but this is not true. For most people, a term life policy is eminently affordable; it often costs less per month than your daily cup of coffee. If money is truly tight, a change in lifestyle, like brewing your own coffee or cooking more meals at home, is often enough to buy protection for your family should something happen to you.

3. They Have No Children

For many people, children are the primary reason for buying life insurance. However, even if you don't have kids, you may have people in your life who depend on you—perhaps a spouse or domestic partner, aging parents, or even a younger sibling. Who will be left to pay for your funeral and burial expenses? If nothing else, an inexpensive term life policy can cover end-of-life costs.

Tom Sessions State Farm Agency, an experienced and dependable insurance agent serving the Greater Seattle area, can help you choose a customized life insurance policy that meets your needs and fits your budget. Visit their website for directions, or call (425) 391-0200 to discuss your home, life, health, or auto insurance needs.

Other Announcements, Events and Deals from Tom Sessions State Farm Agency
How Much Home Insurance Do You Need?, Issaquah Plateau, Washington
Because it protects your single most valuable asset from extreme weather events and unexpected disaster, home insurance is probably the single most important policy you have. Even if...read more
4 Helpful Tips for First-Time Health Insurance Buyers, Issaquah Plateau, Washington
With all that’s going on related to health care nowadays, determining what plan is best for your needs can be overwhelming, especially if you’re a first-time health insurance buyer. ...read more
3 Reasons You Need Life Insurance if You Have Student Loans, Issaquah Plateau, Washington
When people think of life insurance, most imagine it as something for those in their golden years or middle age. However, a solid life insurance policy is a valuable financial p...read more
Top 3 Considerations When Buying Home Insurance, Issaquah Plateau, Washington
When you're in the market for home insurance, there are a few things to consider first. Tom Sessions State Farm Agency, the leading home, life, auto, and business insurance agency in...read more
Issaquah Auto Insurance Agent Shares 5 Steps to Do After a Car Accident, Issaquah Plateau, Washington
The moments following a car accident can be scary and overwhelming. Understandably, it may take a few minutes to refocus before proceeding with several key steps. Tom Sessions State ...read more