How Can you Save Money on Life Insurance?

Life Insurance is often a topic that no one wants to talk about as it reminds us of our mortality. The truth is though that
there is much to be done now that can protect our loved ones in the event of death or disability.

Since these are troubled economic times it might be tempting to put off paying for an insurance policy. Illness and death are a part of our reality and if they are not planned for then it can create a financial burden on us or our relatives.

It is also better to take out insurance when you are young and in relatively good health.

There are several ways to save money while still providing security for you and your family. You can save money by:

• Shopping around. (Do your research as different insurance companies charge different premiums on the same types of insurance policies)
• Keeping in good heath (The healthier you are the lower the life insurance premium will be)
• Keeping up with your payments (Too many people allow their policies to lapse and then they lose all they had invested)
• Choose an investment option policy (This allows for withdrawals within a specified amount)

Do you have life insurance? Let me hear how you save!

- Teri Ann Renee Paisley (Gleaner on-line writer)

Tags: Insurance, save