Leigh Insurance Agency of St Augustine Blog
Life insurance feels like an unnecessary expense sometimes. The truth is getting it while you are young is a great idea. Here why.
It’s Cheaper When You Are Younger
Insurance is cheaper when you are younger. The reason is that of the way insurance is computed. Essentially insurance is the insurance company taking a bet that you will not suffer the accident or health emergency you are insured.
Of course, there is more to it than that. The insurance company works because it has large numbers of people who are in the same boat as you. Since the risk of something bad happening to you is low, and the risk of something bad happening to people like you is low, the insurance company has a low chance of actually paying out.
It Is Not As Much Effort When You Are Young
Not only do insurance premiums go up as you get older and more sick, but it is also less onerous. What I mean is that since you have fewer responsibilities when you are younger, you have more income that can be diverted towards paying your insurance.
Some Plans Come to An End
From my earlier point, some insurance plans only require you to make payments for the first five years. Suppose you get insurance as soon as you get your first job. Five years from now if you intend to start a family, your insurance already fully paid.
It means that you can start a family knowing that you have insurance that can pick you up in case you have an accident or some other emergency without having to pay for insurance in the meantime.
The Perks of Being Insured
My insurance plan comes with free health check-ups every year. Insurers want to be sure I am healthy and offer solutions before the condition worsen.
If you are lucky, you can find an insurer that will provide similar free health checks to keep you going store. After all, they have an investment in making sure you are healthy, so they don’t need to pay out insurance.
In conclusion, getting insurance is a great idea when you are younger. So why not look up some options on how to get insured. The option to be insured is there; you need only take it. At Leigh Insurance Agency of St Augustine, we aim to make our client's life easier with policies that are tailored to their needs. You can get more information about our products and services by calling our agency at (904) 826-0799. Get your free quote today by CLICKING HERE.