Call Us (401) 781-4010 / Text Us (401) 271-5996
☰ ˟
Quote & Bind With Nationwide
Gaulin Insurance Agency
Call: (401) 781-4010
Text: (401) 271-5996
  • About Us
    • About Gaulin Insurance Agency
    • Our Office
    • Our Providers
    • Our Staff
  • Products
    • Auto InsuranceImage of right arrow
      • Auto Liability Coverage
      • Collision Coverage
      • Comprehensive Coverage
      • Uninsured and Underinsured Motorist
    • Home InsuranceImage of right arrow
      • Rental Reimbursement
      • Scheduled Property Insurance
      • Mortgage Protection
      • Homeowners Liability
      • Condo Association Insurance
      • Condo
    • Life InsuranceImage of right arrow
      • Individual Life
      • Group Life
      • Disability
      • Long Term Care
      • Second-to-Die Policy
      • Medical Payments Coverage
    • Powersports VehicleImage of right arrow
      • Motorcycle Insurance
      • ATV Insurance
      • Boat Insurance
      • Snowmobile Insurance
    • Other Personal InsuranceImage of right arrow
      • Cyber Lyability
    • Business InsuranceImage of right arrow
      • Business Owners Policy (BOP)
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Umbrella Insurance
      • Inland Marine Insurance
      • Professional Liability
      • Workers Compensation
  • Get A Quote
    • Auto Insurance
    • Business Insurance
    • Homeowners Insurance
    • Life Insurance
    • Renters Insurance
  • Blog
  • Contact Us
Auto Icon Home Icon Business Icon Life Icon
Home > Blog > Why You Should Get Life Insurance Now
MONDAY, MARCH 14, 2022

Why You Should Get Life Insurance Now

When you're in your 20s or 30s, you've hardly had time to adjust to your independence and the responsibilities that go along with it. Life insurance is probably the last thing on your mind, and it might even seem frivolous to you if you aren't married or if you don't have children. 

The fact is that at this stage of life, most of us expect to have a long life ahead of us. But that one fact alone isn't enough reason to put off buying life insurance. There are good reasons to seriously consider buying life insurance before you reach an age when you expect to have an increased need for it.  

For the most part, the older you are when you start a policy, the more your monthly payments increase for the same amount of coverage. If you buy a policy when you're younger, the payments are much more affordable and remain at that same rate throughout the payment period.  

There are two basic categories of life insurance available: whole life insurance and term life insurance. A whole life insurance policy remains in place for your entire life, and it's also a type of investment that accrues cash value. Term life insurance policies offer coverage for a certain number of years (the policy term), after which the coverage expires. There is no cash value. Your independent insurance agent can help you select the policy that best meets your needs. 

If you intend to buy life insurance, remember: 

  • Whole life insurance has more comprehensive benefits than term life insurance, and so costs more.  

  • Rates rise substantially for the same amount of coverage on either type of insurance if you wait until you're older before you buy. 

  • It makes sense to look into your options before you decide what the best age is for you to buy life insurance. 


We’ll help you find the right coverage. Call Gaulin Insurance Agency at (401) 781-4010 for more information on life insurance. 
Posted 12:22 PM

Tags: life, insurance, policy, terms, retirement, whole
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021

  • insurance(6)
  • commercial(4)
  • coverage(4)
  • policy(3)
  • business(3)
  • auto insurance(2)
  • auto(2)
  • condo insurance(1)
  • workers compensation(1)
  • general(1)
  • life(1)
  • accident(1)
  • life insurance(1)
  • owners(1)
  • vehicles(1)
  • whole(1)
  • terms(1)
  • bop(1)
  • homeowners(1)
  • commercial auto insurance(1)
  • business owners policy(1)
  • general liability(1)
  • liability(1)
  • employee(1)
  • car(1)
  • home insurance(1)
  • workers(1)
  • retirement(1)
  • car insurance(1)
  • condominium insurance(1)
  • compensation(1)

View Mobile Version
Facebook
Google+
Get Directions
Contact Us Today
Resources
Get A Quote
Customer Service
Payment Options
Report a Claim
News
About Us
Refer A Friend
Our Carriers
Blog
Contact Us
Contact us 1 Rolfe Square
Cranston, RI 02910

Call: (401) 781-4010
Text: (401) 271-5996
Fax: (401) 785-4290
© Copyright 2021. All rights reserved. Powered by Insurance Website Builder.