If you have family members who rely on you for financial support, or if you have debt that another person will have to assume once you’re gone, you might consider a life insurance policy. A general rule of thumb is to set up a policy that would provide your beneficiaries with 10 to 15 years of financial coverage, but the best way to find the policy that fits your unique needs is to talk to a life insurance agent.
Purchasing a life insurance policy is a very personal decision. Life insurance premiums tend to be less expensive at younger ages, but you should only make a purchase once you’ve determined you have a need for it. Life events such as weddings or the birth of a child are good times to review your individual needs and consider the peace of mind life insurance can provide.
No. Your annual life insurance premiums will not increase with policies from Diabetic Insurance Solutions. Your annual premium amount is based on factors such as family health history, age, gender, and more, which are considered at the time you apply.