T H E 4 B I G M Y T H S O F L I F E I N S U R A N C E

M A R C F I R E S T O N E

I N T R O D U C T I O N - L I F E I N S U R A N C E

• In a somewhat unpredictable world, life insurance has become the financial blanket that has helped thousands of families through many taxing situations.

• While many of us like to evade the topic or sidestep the thought of losing their love one, life insurance something we all must discuss.

• It would be to our best interest to internalize the information given to you and begin investing for your family’s future.

I N T R O D U C T I O N : L I F E I N S U R A N C E

• Here you will find four common myths many people believe about life insurance

• Many times this type of information can be misinterpreted and could eventually become a problem in the future.

I N T R O D U C T I O N : L I F E I N S U R A N C E

• Regardless of what the situation is, death is waiting.

• It would be to our best interest to internalize the information given to you and begin investing for your family’s future.

• In this presentation you will find FOUR of the main common myths people believe about life insurance.

• Don’t be passive about this! Be informed and protect your future

M Y T H 1 : I D O N ’ T N E E D L I F E I N S U R A N C E , M Y E M P L O Y E R A L R E A D Y P R O V I D E S T H I S F O R M E

• This is one of the biggest misconceptions that many people have when entering their careers.

• There are various holes that a person can miss simply from just listening and signing. Understanding the fine print is incredibly imperative in situations like this.

• As it has been the theme for life insurance, life just happens.

• That is why it is important for you to look for life insurance outside of your work. Making sure that there is a financial safety net will ease your mind in protecting your future.

M Y T H 1 : E X A M P L E

• No Bang For Your Buck: while an employer may provide you life insurance equal to 1 to 2 times your annual salary, you could have purchased a package that is four to six times that amount.

• The Forgotten: a situation many people fall into, is that if you leave your company, you may lose your life insurance that you have built up for those amount years you have been working.

M Y T H 2 : L I F E I N S U R A N C E I S T O O E X P E N S I V E

• Many people have this misunderstanding that life insurance is incredibly costly.

• Talk to your representative. Try and break down the overall package plans that work for you.

• For particular instances, some packages can be expensive, but others are fairly reasonable.

• The cost for life insurance can rage from a few hundred dollars to thousands depending on how much you want to invest.

M Y T H 3 : M Y H E AT H D I S Q U A L I F I E S M E F R O M L I F E I N S U R A N C E • While a person’s physical and mental health does play a

role in the type of life insurance you will get, there are a lot of companies that cover a range of health conditions.

• Keep in mind, the prices for packages may change, but it should not dissuade you from not talking to a representative.

• Once again, talk to a representative and find the package that best fits you financially

M Y T H 4 : I A M Y O U N G . I D O N O T N E E D L I F E I N S U R A N C E R I G H T N O W

• Forever young can be an understatement when a specific tragedy hits your family.

• It would be in your best interest to begin planning early.

• Many premiums are less expensive and you will have fewer assets to add. The longer you wait, the more costly this can be for you and your future family.