Common Life Insurance Myths You Shouldn’t Believe

Common Life Insurance Myths Debunked

Life insurance is often misunderstood, leading many people to skip it entirely or delay buying it until it’s too late. These misconceptions can get in the way of making smart financial choices. Let’s set the record straight by tackling a few of the most common life insurance myths you may have heard.

Myth 1: Life insurance is only for parents or older people.

• The truth: Even young, single adults can benefit from life insurance—especially if they have student loans, want to lock in low rates, or plan to support a future family.

Myth 2: Life insurance is too expensive.

• The truth: Term life insurance policies are surprisingly affordable for most people, especially if you're young and healthy. You can often get coverage for less than your monthly coffee habit.

Myth 3: I don’t need life insurance if I’m healthy.

• The truth: Your good health is actually the best reason to buy now. The healthier you are, the lower your life insurance premiums—and you’ll never be younger than you are today.

Myth 4: Employer-provided life insurance is enough.

• The truth: Group policies from work are helpful, but they usually offer limited coverage and don’t follow you if you leave your job. It’s smart to have your own life insurance policy in addition to what’s offered through work.

Don’t let misinformation stop you from protecting your future. At ProvaLife, we help you cut through the confusion and find a life insurance plan that works for you. Understanding the facts is the first step toward peace of mind—for yourself and your loved ones.

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