By the time you reach your 30s, you might have climbed up the career ladder, walked down the aisle and maybe even had children. If this sounds like you, and you haven’t got round to taking out life insurance yet, now could be a good time, especially if you have loved ones who depend on you.
4 reasons to consider life insurance in your 30s
Here are four reasons why your 30s could make the cost of life insurance money wisely spent.
1. It's time to settle down
When you hit your 30s, settling down starts to sound like a good idea. We’re not talking about sporting your slippers in front of the TV, but you might well have bought a house or become reliant on two incomes. If the worst did happen, having life insurance in place would help your partner cope financially without you.
2. You're starting a family
Being a parent is great fun, but also comes with great responsibility. Your little ones rely on you for everything. So it’s reassuring to know that if anything happened to you, your family would be able to carry on doing the things they enjoy.
Don’t forget the true value of a stay-at-home parent and how much childcare and housekeeping could cost if something happened to them. Having life insurance for mums and dad’s contribution to your family’s lifestyle makes a lot of sense.
3. You're still in great shape
Luckily for most of us, our 30s is a particularly great time of life. We’re still young, fit and healthy but also little wiser having experienced more of what life can throw our way, both good and bad.
Taking out life insurance while you’re in your prime might seem like an unnecessary expense. In reality, it could be money well spent. The younger and healthier you are when you apply the more likely you are to get a good deal.
4. You're not as care-free as you were
You’ve been there, done that and got the T-shirt. But as you hit 30 you may not feel quite as invincible as you did. Like it or not, you’ve probably got grown up responsibilities and other people to think about. That’s why it’s a good time to insure yourself just in case life throws a curve ball your way.
Having life insurance can help you and those closest to you feel more prepared for whatever the future holds.
It’s not always easy to think about life insurance in your 30s. But when you have a home and loved ones to protect it can really pay to get it sorted sooner rather than later. Term life insurance, like Family Life Insurance lets you decide how long you want cover for, and once it’s in place, you can get on with enjoying some of the best years of your life.