As a woman, you’ve had to learn how to manage multiple roles
while balancing your professional and family lives. You’ve learned how to earn
and manage money, and how to get ahead in life. Now you’re ready to sit back
and make sure that everything you’ve worked so hard to put in motion remains
safe and secure. This is where life insurance comes in.
Life
insurance provides financial protection and peace of mind for you and your
loved ones so you can rest easy knowing that those that depend on you will be
protected if anything ever happens to you.
But what you may not have known is that the right life
insurance policy can not only protect your loved ones in the event of a
tragedy, it can also help you build up a cash value savings for retirement and
even help you pay off your debt. You may
also not have been aware of options such as mortgage insurance or critical
illness and disability insurance that can kick in to provide coverage in the
event of an unfortunate injury or diagnosis.
When should I start thinking about Life Insurance?
The best time to purchase a life insurance policy is when
you are young and healthy, as this will ensure that your monthly premium
payments remain inexpensive. To secure the best rates, apply before you get
married or start a family.
If you are already a head of household, a single mom, or a
significant contributor to the household income, you should definitely think
about buying a life insurance policy as soon as possible. Life insurance can give your loved ones the
financial protection to continue living in their home even in the event that
you should become ill or disabled, or if you become unable to continue paying
your home mortgage.
How can life insurance help me pay off my debt?
One product that is particularly exciting is Symmetry Financial Group’s Debt Free
Life insurance plan. This policy includes a cash savings value that
accumulates as you pay your monthly premiums.
This cash value adds up quickly and can be allocated to paying off your
debt, so that you can build a future that is debt free. In most cases, Debt Free Life policyholders
are able to pay off their debt in nine years or less, creating a secure,
debt-free future.
Once your debt is paid off, the cash value of your Debt Free
Life plan can be used to build up a tax-protected retirement savings account to
provide a more secure future once you reach retirement age. Debt Free Life is a
win-win opportunity that lets you make smart financial moves while protecting
your family and loved ones in the event that anything happens to you.
Whether you’re a single working mom, one of your family’s
primary breadwinners, or a stay-at-home homemaker and mom, your contributions
to your home and loved ones are valuable and would be missed greatly if
something were to happen to you. A recent study revealed that even moms who
stay at home caring for family and don’t produce income outside the home
contribute an average of $178,200 to their homes in domestic, household and
care labor. A life insurance policy can help your family maintain their
lifestyle if you were to suffer an illness, disability, or death.
Purchasing life insurance today can provide peace of mind
for many years down the road and offers the security that comes with knowing that
it’ll be there for your family and loved ones if you need it.
What if I become critically ill or disabled?
Protection that covers you if you should become ill or
disabled is something you can purchase as a rider attached to your life
insurance policy. As a woman, you may have a higher risk of contracting certain
critical illnesses, such as breast or ovarian cancer. The risk of developing these
conditions tends to increase with age, which explains why it’s smart to
purchase life insurance before any of these conditions affect you.
What if I become pregnant?
Purchasing a disability insurance policy or attaching a disability
or critical illness rider to your life insurance policy could be a really smart
move if you’re planning to start a family and become pregnant at some point.
Disability insurance may cover certain health conditions associated with pregnancy
and the postpartum period, which can help protect you from losing income and
support you while you recover from childbirth. You can obtain this coverage either
through a group plan at your place of employment, or by purchasing coverage on
your own.
If you are pregnant at the time of application for coverage,
it may affect your eligibility. Generally, it is easier to be approved for
coverage during the first trimester of pregnancy.
How can I keep my premiums affordable?
Life insurance rates vary, and are usually based on an
applicant’s age and overall health at the time of application for coverage. If
you work in a high-risk field or participate in risky activities, or you use
nicotine, you may pay more for your premiums.
Fortunately, while age is a factor in determining the price
of life insurance, premiums don’t go up significantly for women until much
later in life. Your best bet is to apply
for life insurance while you’re still young and healthy so you can secure the lowest
rates for life insurance.
How can I get help choosing a good Life Insurance policy?
Symmetry Financial Group is a nationwide insurance marketing agency that works with agents all over the country who can help you shop for the most affordable rates and the best possible coverage to protect you and your loved ones. For most applicants, all it takes is completion of the application for life insurance. Most applicants will not be required to undergo a medical exam to secure coverage. Applying takes only minutes, and a Symmetry Financial Group agent will handle the shopping for you. Symmetry Financial Group can help you choose the best policy from over 30 of the top-rated carriers in the country.
Policy reviews are handled using video consultation, so you can secure life insurance coverage for you and your loved ones from the comfort of your home. Contact Symmetry Financial Group today and request a quote for life insurance coverage so you can get started.
