Congratulations! Graduation is a big turning point in your life.
It is fun to be out on your own for the first time, but this new –found freedom also comes with a lot of responsibility. Have you thought about purchasing a life insurance policy after graduating?
You may not think that you need life insurance, or you may have a small life insurance policy provided to you through your new job, but is it enough? You want to make sure that no one is left to handle your debts. That new car? The new condo? Your student loan debt? Your future is right in front of you… don’t you want to make sure it leaves a lasting impression on your loved ones, instead of a huge dent in their pocket book?
Purchasing term life insurance at a young age will also ensure that you are getting the best rates available. In fact, term life insurance policies, when purchased by young, healthy individuals can often be written for less than $40 per month for a $500,000 policy. That same 20-year term policy purchased at 50 years of age will cost upwards of $150 per month.
Life insurance premiums vary according to certain factors. Age, health, gender and occupation all play a role in the pricing of an insurance premium. In your current situation after graduating, you are probably able to purchase the best policy under the best rates.
The PivotCare Team would love to help you find the best life insurance policy for your situation. We understand insurance and know how to steer you toward a policy that will suit your needs and budget now, and have the potential to grow with you in the future.
Give us a call and let us walk you through the options and policies that are a best fit for your lifestyle and budget. Our PivotCare Team can’t wait to be a part of your life as you move forward with new adventures.