Life Insurance: Expectations vs. Reality

You might have a lot of preconceived notions about what it takes to get a life insurance policy. You might even be put off by how frustrating or difficult you think the whole process will be. But the expectations that people have when looking for a life insurance policy are not necessarily the reality. Knowing what to expect will make the process much easier, so let’s look at some of the expectations about life insurance that aren’t necessarily the way it really is.  

“I’ll need a medical exam or a blood test to get life insurance.”blood viles

The reality is that, yes, a lot of life insurance companies will ask their applicants to undergo a medical exam, including providing lab work. However, not all life insurance companies, and not all policies, will require a medical exam or blood test. Certain policies will only require you to answer a few quick questions regarding your health status, while other policies, such as guaranteed issue policies, will not require any medical exam or answers to health-related questions.

“I’ll have to go through an agent, who’ll try to upsell me.”

This is also not true, because the reality is that you can search for policies from different companies on your own. There’s no need to work with an agent during the research and application process unless you want to. Whatever you choose,  it’s very important to compare policies, because this will give you the upper hand when finding the right policy at the right price.

“The application process is time-consuming.”

Yes, searching for a policy can be time-consuming, but the application process is not. You can complete a questionnaire and get coverage the same day, or at least within a week after applying for a policy.

“Life insurance is too expensive and complicated.”suitcase full of money

Many people think that life insurance policies are a luxury, and only people who have a lot of money will purchase them. In fact, more than half of all Americans think that the cost of life insurance will be three times what the actual cost is. The reality is that life insurance policies can be as cheap as $30 a month, depending on your health. You can tailor your policy to fit your budget and needs, so there’s no need for them to be expensive or complicated.

Need Help?

Your family has financial obligations that will not go away when you are gone; they will need your help more than ever with their expenses, and the last thing you want them to worry about is money while they are grieving. There are many great affordable life insurance options to choose from that will provide enough money for your family, for a low monthly price. The best way to find the right life insurance policy for you and your specific needs is by working with an agent who specializes in life insurance. 

We have provided the top life insurance companies in the nation below; each offers hassle-free assistance and the most competitive rates. Always check multiple sites to make sure you have bargaining power and know the advantages of each company. Make sure a hard time isn’t made harder by a financial burden, check life insurance rates today.

About The Author:
Cassandra Love

With over a decade of helpful content experience Cassandra has dedicated her career to making sure people have access to relevant, easy to understand, and valuable information. After realizing a huge knowledge gap Cassandra spent years researching and working with health insurance companies to create accessible guides and articles to walk anyone through every aspect of the insurance process.

Leave a Reply

Your email address will not be published. Required fields are marked *