When you are in your twenties, the last thing on your mind is purchasing life insurance in St. Augustine, especially if you are single, have no children and not as many responsibilities. However, more and more often people in their twenties are starting to realize just how important purchasing life insurance early is to their lives. If you aren’t quite sure that you should buy life insurance so young, read on below for a few of the reasons that buying insurance is a smart move.
Pay a Lower Premium
If you decide to buy life insurance in St. Augustine area in your early twenties, you will have more of a chance of enjoying lower premiums than a man who is in his fifties before the thought ever crosses his mind. For example, now you are young and healthy, which can lower your premium. However, when you are older, it is possible you could develop a chronic condition making it harder to get life insurance and ensuring you have a high premium when you do.
Outstanding Bills
In your twenties, you may have a lot of outstanding bills, such as student loans. If something were to happen to you and you pass away early in life, your parents would then become responsible for that loan. If you have life insurance, then the bill should be paid and your parents will not be put in financial straits on top of their grief.
Early life insurance in St. Augustine is a great way to ensure you aren’t leaving your loved ones in a bad situation if something were to happen to you. It will give you the peace-of-mind of knowing that you did all you could to secure their future. For more information, contact the agents at St. John’s Farm Bureau today.
