Perhaps you've put off the purchase of life insurance for some time now. You're young and you don't plan to be at risk of death anytime soon. Many people make the same decision, but that does not mean it’s the smartest decision to make. It is essentially risky to live without life insurance if you have dependents, or if you have debt that your loved ones would have to pay after your untimely death. So, when should you have life insurance? Before putting it off another year, consider why now may be the best time for you to get life insurance.
Do You Have Dependents? 
Dependents are individuals who are counting on you to provide them with financial support. This could be your children or a spouse. It could be an elderly parent living with you. If there are people that rely on your income to meet their ongoing financial needs, then having a life insurance policy is essential. It helps keep their needs met after you are gone. What would happen to these individuals if your income were gone?
Do You Have Significant Debt?
Buying your first home is exciting, but it also comes with a big bill that you have to pay over time. When you have a life insurance policy in place, the funds can be used to pay off your mortgage. This would allow those who are living there with you, such as your dependents, to continue to do so.
Coverage is Less Expensive
The sooner you purchase life insurance, the more affordable it can be. The reason for this is simple: you are less of a risk to insurance companies at a younger age than if you are older and have already been diagnosed with risk factors such as heart disease, diabetes or high cholesterol. In other words, get it while you are healthy so you don't have to overpay for it.
Ultimately, life insurance is an investment you should make when it can benefit those you leave behind. Without a quality policy, your loved ones may suffer financially if you were to die young or unexpectedly.
Get personalized assistance today. Call Ashlie Fortune Insurance LLC at (910) 455-5582 for more information on life insurance.