Protect Your Loved Ones: Life Insurance Mistakes & How to Solve Them!

life insurance dickran kabarajian kabco benefits Protect Your Loved Ones With Life Insurance

In honor of life insurance awareness month, we want to share with you some of the top mistakes people make when looking to buy life insurance AND how to solve those mistakes.

  • Waiting too long: If you wait until you’re too old and/or sick, it’s going to cost too much. BUY WHEN YOU’RE YOUNG AND HEALTHY

  • Not buying enough. CONSULT AN EXPERT, YOUR EXPENSES WILL BE DIFFERENT IN THE FUTURE SO PLAN ACCORDINGLY

  • Only looking online. SHOP AROUND, INCLUDING FROM SEVERAL AGENTS IF YOU MUST. GET AN EXPERT OPINION.

  • Making assumptions: DON’T ASSUME ANYTHING. GET LIFE INSURANCE FOR ALL FAMILY CARETAKERS, CALCULATE EXTRA EXPENSES, DON’T ASSUME YOU CAN’T GET IT BECAUSE OF A HEALTH CONDITION.

  • Forgetting to pay your premium and checking your policy occasionally. IN ORDER FOR A POLICY TO STAY VALID, YOU HAVE TO KEEP UP WITH PREMIUMS. ALSO, EVERY FEW YEARS MAKE SURE IT STILL WORKS FOR YOU, YOUR FAMILY, BUDGET, ETC.

  • Forgetting to tell your beneficiaries: MAKE SURE TO LET YOUR BENEFICIARIES KNOW SO IN CASE SOMETHING HAPPENS, THEY ARE AWARE OF WHAT NEXT STEPS NEED TO BE TAKEN AND HAVE LESS TO WORRY ABOUT.

What life insurance mistakes have you made? Do you have life insurance yet? Share with us!

If you need to get on the road to finding the policy that best suits your needs, contact Kabco Benefits. With over 22 years of experience, Kabco Benefits and Dickran Kabarajian will help you best plan for you and your family’s needs. Get your life insurance today and protect your loved ones!

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