Here are the top 5 reasons to get life insurance:
Your parents are financially dependent on you
The very basic rule to check if you need life insurance or not is to check if there is anyone that depends on your income to live. This is particularly important for aging parents who are financially dependent on your income. At their age, they might not be able to get an active income and would only rely on their retirement savings or social security. That is if they were lucky enough to have those available to them.
Your job is high-risk
This reason should not be very surprising. As you can expect, if you have a high risk job, sadly the probability of your early demise goes up statistically. Jobs such as firefighting, mining or military can be considered high risk. If you do have such a job, you must consider mitigating that risk with a life insurance policy.
You have debt
Just because you passed away doesn’t mean all your debt went with you. For example, if you have a mortgage, you family will have to take care of the payments.
You are having a baby
The longer you wait to get life insurance policy, the greater will be the premium. Not only is having a baby expensive, but your pregnant spouse might not be able to have an active income while being pregnant or while having to take care of a newly born baby.
You are getting married
If you soon to be spouse is going to rely on your income, then it is another good reason to get life insurance. You don’t want your spouse to comprise heavily on their lifestyle.
Access Insurance Services serving San Antonio, TX can you the through life insurance policies most suited to our needs. The agency provides excellent customer service through experienced and professional insurance agents. You can get in touch with the San Antonio agency through the contact information available on Access Insurance Services website.