In the heady, romantic rush of planning a wedding, it’s easy to let practical considerations fall to the side. After all, who wants to think about insurance coverage when there are flowers to choose and dresses to buy? However, getting married is a major commitment, so it pays to spend some time thinking about your finances and how life insurance can protect the one you love.

Why Newlyweds Should Invest in Life Insurance

Planning for the Unexpected

When you decide to get married, you might be dreaming of growing old together. As unfortunate as it may be, however, life sometimes gets in the way, so it’s best to be prepared for the unexpected. A life insurance policy allows each of you to continue caring for the other, giving them the resources they need to start building a life. If both of you are planning to continue working, would one of you be able to afford the mortgage payments and credit card bills without the other? Life insurance will also help cover burial expenses, which can total thousands of dollars.

Saving Money in the Long Run

The younger you are when you purchase life insurance, the less expensive it will be. Younger couples may be able to get enough coverage to pay off debts or even completely replace their income for just a few hundred dollars per year. This rate is locked in for the life of the policy, even if either of you develops a serious health condition later. The premiums will only go up as you age, so purchasing coverage when you’re young could save thousands in the long run.
 

If you’re planning a marriage, let the agents at Russell Insurance Agency help protect your valuable assets and the one who matters most to you. They’ve been serving clients throughout lower Alabama for over 20 years, offering exceptional service and policies tailored to your needs. Follow their Twitter for more tips and advice, and call (251) 947-3607 or visit them online to request your free life insurance quote.