{"id":736,"date":"2019-06-22T22:14:06","date_gmt":"2019-06-23T03:14:06","guid":{"rendered":"https:\/\/shieldagency.com\/?p=736"},"modified":"2021-08-29T15:39:29","modified_gmt":"2021-08-29T21:39:29","slug":"why-you-should-buy-term-life-insurance","status":"publish","type":"post","link":"https:\/\/www.shieldagency.com\/blog\/why-you-should-buy-term-life-insurance\/","title":{"rendered":"Why You Should Buy Term Life Insurance"},"content":{"rendered":"\n<p>This Blog is about life insurance.  I honestly don\u2019t understand why people don\u2019t buy more term life insurance.  It\u2019s so dang cheap!!!  And so so smart!!  And for the people that have life insurance through their employer, I can guarantee you that it\u2019s not nearly enough!!!<\/p>\n\n\n\n<p>Some people do get more voluntary life insurance through their employer which is sometimes portable, but most employers don\u2019t offer that and even if they do, most employees don\u2019t buy it!<\/p>\n\n\n\n<p>So if you have a policy through your employer and you get sick and lose your job, then what?  Well, you can\u2019t buy a different policy since you\u2019re sick, so you\u2019re just outta luck!<\/p>\n\n\n\n<p>I keep hearing stories of people dying and their family having to scrounge money together for a cheap funeral\u2026 can\u2019t afford even an obituary\u2026. can\u2019t even rent a casket\u2026. stories like that\u2026. C\u2019mon, man!  Take better care of the ones you love!!!  That doesn\u2019t even address lost wages or other future financial plans that are now demolished\u2026. Take care of your loved ones!!<\/p>\n\n\n\n<p>This stuff costs SO little!  And the younger and healthier you are, the cheaper it is.  So your best bet is to get a policy that lasts 30 years while you\u2019re in your 20\u2019s.  How much coverage should you purchase?  Well, Dave Ramsey says to get a policy for about 10 times what you earn in a year, but for most people, that just seems like too much!  Most people end up getting $250 or $500K.  If a healthy 25-year-old guy buys a $250K plan that lasts for 30 years, it could cost as low as $18 a month or $215\/year with that price locked in for the whole 30 years.  That\u2019s so cheap for great peace of mind!!<\/p>\n\n\n\n<p>So buy this stuff\u2026 take care of your loved ones!!!<\/p>\n\n\n\n<p>Thanks and have a great, SAFE day!<\/p>\n\n\n\n<p><strong>Andy<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p>Recent Blog Posts<\/p>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/what-happens-if-your-vehicle-is-totaled-understanding-the-auto-insurance-claims-process\/\">What Happens If Your Vehicle Is Totaled, Understanding the Auto Insurance Claims Process<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/why-now-is-a-smart-time-for-michigan-businesses-to-review-liability-coverage-before-spring-foot-traffic-increases\/\">Why Now Is a Smart Time for Michigan Businesses to Review Liability Coverage Before Spring Foot Traffic Increases<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/snowstorms-and-roof-damage-is-your-michigan-home-covered\/\">Snowstorms and Roof Damage: Is Your Michigan Home Covered?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/do-you-need-recreational-insurance-for-your-snowmobile-in-michigan\/\">Do You Need Recreational Insurance for Your Snowmobile in Michigan?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/the-importance-of-giving-back-during-the-holiday-season\/\">The Importance of Giving Back During the Holiday Season<\/a><\/li>\n<\/ul>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This Blog is about life insurance. I honestly don\u2019t understand why people don\u2019t buy more term life insurance. It\u2019s so dang cheap!!! And so so smart!! And for the people that have life insurance through their employer, I can guarantee you that it\u2019s not nearly enough!!! Some people do get more voluntary life insurance through [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,343,2],"tags":[12,25,77,71,62,14,1666],"class_list":["post-736","post","type-post","status-publish","format-standard","hentry","category-insurance","category-life-insurance","category-shield-blog","tag-health-insurance","tag-healthcare","tag-insurance","tag-michigan","tag-shield-insurance-agency","tag-term-life","tag-term-life-is-cheap"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/comments?post=736"}],"version-history":[{"count":1,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/736\/revisions"}],"predecessor-version":[{"id":10883,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/736\/revisions\/10883"}],"wp:attachment":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/media?parent=736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/categories?post=736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/tags?post=736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}