Can I wait until I retire to get life insurance?

Residents of Harrisburg, PA get all the benefits of a modern city with the historical background of the State Museum and Civil War reenactments. There is definitely a feeling of time passing, and you may be thinking about what will happen when you are gone. 

You may have thought about getting life insurance,  but like many people, put off making a decision until later. You may even have called Henderson Insurance Agency at one point to get a free quote. 

You could technically put off getting life insurance until you retire, but if you wait that long,  you may never be able to get it at all. You never know what day will be your last, and you don’t want to leave your family without your support because you didn’t plan ahead.

The quote you got in the past is likely no longer good, as life insurance gets more expensive as the person who is insured becomes a higher risk. The least expensive policies are for the youngest people,  but you can lock in a low rate by purchasing a policy when you are young.  You can even lock in a low rate for a relative, such as a child or nephew, by making a gift of life insurance.

There are two main kinds of life insurance, whole life, and term life, and you can get more benefit from the one you choose if you get it earlier. You don’t want your family to have to deal with your loss without the best financial help you can give.

If you are in Harrisburg, PA, you have several good options when it comes to life insurance, and you can save by locking in a  lower price. If you want to purchase life insurance, or if you just have questions, please contact Henderson Insurance Agency today.