4 Fallacies About Life Insurance

Life Insurance Carlisle PAWhat You Should Not Believe About Life Insurance

I’m Single and Don’t Have Dependents – I Don’t Need Coverage
Even if it is just to cover the costs of remaining debts, medical bills, and funeral costs. If you have no life insurance, you could leave your family or executor with financial strain from your expenses.

My Term Life Insurance Coverage at Work Is Sufficient
If you have a spouse or other dependents, or will need to pay estate taxes, additional coverage may be necessary if the term policy does not meet the needs of the policyholder.

Only The Main Earner Needs Life Insurance Coverage
This is not only nonsense as the cost of replacing services formerly provided by a deceased homemaker can be higher than you think. When daycare and cleaning costs are factored in, it makes more sense to insure against the loss of a homemaker.

I Should Invest My Money Rather Than Buy Life Insurance
You take a big chance when you depend solely on your investments in the early years of your life, especially if you have dependents. Until you reach the breakeven point of asset accumulation, you need life coverage of some sort.

For the best policy for you, contact Miller Insurance Associates located in Carlisle, Pennsylvania. We are dedicated to meet each individual’s life insurance needs.