Anyone with a family or other financial obligations should consider investing in a life insurance policy.
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San Francisco, CA (PRWEB) September 9, 2010
True or false: If you don't have a family, then you don't need life insurance.
Though the majority of people would hold this to be true, this notion could prove to be a costly mistake for many. Life-Insurance-Info.us dispels this and other commonly-held life insurance myths and misconceptions in the "Top 10 Myths of Life Insurance."
According to Life Insurance Info, a leading provider in life insurance information and coverage options, life insurance policies are no longer predominantly for the breadwinners of wealthy households. Anyone with a family or other financial obligations should consider investing in an affordable life insurance policy. Every adult in the household should be insured, not just the head of the house, as the cost of losing either spouse can be equally devastating. LII even recommends life insurance for single individuals with no dependents, who still must consider the costs of unpaid debts, medical expenses, and funeral preparations when they pass.
Another common life insurance myth is that individuals should buy life insurance later in life. Life Insurance Info dismisses this idea with their "Who Needs Life Insurance & When" resource. In this section, website users can review important life events and their significance in regards to obtaining a life insurance plan. LII suggests that individuals should seek a health insurance policy if they recently married, purchased a new house, had or adopted children, or experienced a loss in the family. To see if your situation applies to one of these events, visit our exclusive guide: "Who Needs Life Insurance and When?"
Life Insurance Info understands that life insurance can be an uncomfortable topic for many people; therefore, Life-Insurance-Info.us covers individuals' life insurance needs from the comfort of their home. LII’s newly remodeled user-friendly site delivers a world of life insurance knowledge directly to consumer’s fingertips, from information on life insurance basics to the best life insurance companies nationwide to the latest in life insurance news and updates. Individuals can even obtain a free life insurance quote directly from the site.