Life insurance is a topic that people try to avoid. Most people know they need it, but don't want to think about why. As a result, the decision to purchase coverage is often delayed until they are older. This is a mistake. Young people have a need to be covered, too,
Save money
Buying life insurance early is more affordable. The younger and healthier you are when you buy a policy, the lower your premiums will cost.
Provide living expenses for your family
Even if you don't have dependents, your parents or siblings can still benefit from your policy. If your parents depend on you for their living expenses, a term-life policy can help.
Help to pay off debts
Many young people have loans which were cosigned by a parent. Even if you die, these debts are still owed by your parent. Life insurance can pay off the debts you leave behind.
Cover your funeral expenses
Funerals are expensive. If you have a policy, it will cover any final expenses you may have.
To find out more about life insurance for young people in California, please contact Cook, Disharoon & Greathouse, Inc.
