Life Insurance Archives - Udell Family Insurance

Why Buying Life Insurance in Your 30s May Be a Smart Move

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Most of us discuss getting life insurance at the right age. However, little is known about what is the right age to get life insurance. Generally, the sooner you purchase life insurance, the better it will be for you to enjoy the maximum benefits. But how soon is soon enough?

Given below are a few reasons that will practically explain why the 30s is considered to be the perfect time for purchasing personal life insurance:

You May Have a Family

It’s mostly in your 30s that you will be getting married, starting a family, and […]

Narrowing the Gender Gap for Life Insurance

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Men financially value their lives twice as much as women, especially for matters relating to life insurance, even though the death of either individual will impact the family equally. Such instances are even more prevalent in households where the man is the sole earner, while the woman is a primary caregiver. This fact has put the life insurance gender gap in the spotlight.

Individuals purchase life insurance that is 5 to 10 times more than their income. However, how does one quantify the contributions of a stay-at-home mother? What would be a suitable sum for life insurance? Let […]