So far in our blog series on Life Insurance, we have discussed the importance of securing a life insurance policy if you are married or in a long-term committed relationship, and/or a parent. We also addressed some of the most commonly held misconceptions about life insurance, including the belief that it is expensive, complicated, and time-consuming to purchase. These are just some of the reasons many people, no matter what their age or lifestyle, choose to put off, or sometimes completely ignore, the importance of buying life insurance.
At Bearingstar Insurance, we passionately believe that life insurance is extremely important to have – and worth the time investigating – no matter what chapter of your life you find yourself in today, including if you are single. Life insurance deserves careful consideration because it is:
If you are single, welcome to the “in crowd”. Today, there are more single American adults than people who are married. Regardless of whether you’re just enjoying being single for the moment or you have officially decided that living happily single is how it’s going to be for the long-term, you probably have made hundreds of relationships, connections and activities that keep your schedule very busy. So, it’s very likely that if something were to happen to you unexpectedly it would have a huge ripple effect on all the people that have come to care about you.
With that in mind, here are Bearingstar’s best reasons why being single and having a life insurance policy makes really good sense:
There is one more life insurance benefit for you to consider if you are single. Whether it’s due to an unexpected event or natural causes, when your final single days are over, expenses related to end-of-life can be fairly burdensome to family or friends left to take care of your estate. If you want to ensure that funeral-related expenses can be paid along with lawyer and other administrative fees involved in settling an estate, plus have money left over for allowances to your loved ones, we strongly suggest you discuss a life insurance policy with a Bearingstar professional.
We have much more information that we would like to share with you in order to help you better understand life insurance basics and beyond. More important, working with the local team at Bearingstar Insurance, you will find that the process of getting the right life insurance policy for your needs will be simple and cost-effective. Contact us today for more information or visit us at any one of our convenient Massachusetts or Connecticut offices.
We Hope This Brief Explanation Will Make The Insurance Process Simpler For You!
One of these policy types could be the right life insurance option to meet your needs while you are single, but which one? The first step towards ensuring that you choose the optimal policy is to work with an insurance agent who will take time to understand your financial situation and explain all your life insurance options in easily understandable terms. For help finding the right life insurance policy for your unique life, please contact Bearingstar Insurance.
Back to Blog
Established in 2012, the mission of Bearingstar Insurance Charitable Fund (“BICF”) is to engage in activities and support local nonprofit organizations that have a positive impact in the lives of people and communities that we serve. This support is achieved through the Community Gift Program of the Bearingstar Insurance Charitable Fund, a division of the…
If you could get up to one million dollars in extra liability protection from $5 per week, would you? If you answered yes, then you’re in luck because that’s exactly what umbrella insurance can offer you! Let’s start with the basics — what is umbrella insurance? An umbrella insurance policy is an extra layer of liability…
In Part I of this three-part blog series on smart technology for the home, we posed the question, “Are You Smarter Than Your House?” By the end of 2017, nearly 12% of homeowners may not be – as that is the number of households that HIS Markit estimates will be laden with connected home devices…