We know that you value your family more than anything and that they are the most important thing in your life, that is why we want to help you protect them, to guarantee your peace of mind and theirs. How? Hiring life insurance. Life insurance will be your ally to help you protect what matters most to you. We want you to enjoy each day celebrating life, making the most of your time without letting anything stop you.
Many people have misconceptions about what life insurance means, but if you think about it, is there anything more important than protecting your loved ones? Taking out life insurance will allow you to celebrate life 100% and enjoy every moment with your family calmly and without worries.
Since we know that many people have misconceptions about life insurance, today, we unravel 3 myths to help you better understand them.
Myth 1: Hiring life insurance is very expensive
Many people think that taking out life insurance is a significant outlay when, in most cases, this is not true. Depending on your age or the amount you want to insure, taking out AARP life insurance can cost considerably less than what you spend on mobile each month.
The price of life insurance basically depends on your age and the amount of compensation you want to receive in the event that something happens (this is what is called insured capital).
Myth 2: I am not old enough to take out life insurance
No matter how old you are, you should know that taking out life insurance is always convenient. Life insurance prices are calculated based on your age and health status at the time of purchase, so buying life insurance when you’re young can be much easier. Having life insurance earlier than expected can bring you surprising benefits because you will be offered more appropriate life insurance that fits your circumstances.
You should know that if you are over 50 years old, it is not too late to take out life insurance if we are talking about protecting our family. The increase in life expectancy, linked to slower incorporation into the world of work by young people, means that we continue to be the economic pillar of our home and, therefore, it is convenient to have protection through life insurance.
Myth 3: It is mandatory to take out life insurance linked to my mortgage loan with my bank
On many occasions, the bank will require you to contract a certain mortgage life insurance with which to guarantee the collection of the same. In this other article, we explain how life insurance linked to the mortgage works.
The first thing you should know is that this insurance is not compulsory (although it is highly recommended to prevent the debt from passing to his heirs if the buyer dies) but, above all, what you should know is that it is not compulsory to take out the life insurance for your mortgage through your bank. The bank is only an intermediary that does not act as an insurance company, so, in many cases, you can save a lot of money if you look for other options to take out mortgage-linked life insurance. We invite you to compare the price with MetLife Mortgage Life Insurance.