The Greatest “Myth”-Stake: Why So Many People Think They Can’t Afford Life Insurance
The Greatest “Myth”-Stake: Why So Many People Think They Can’t Afford Life Insurance “I can’t afford life insurance.” It’s one of the most common reasons people give for putting off coverage. And I get it. Between rent or a mortgage, groceries, car payments, utilities, childcare, debt, and everything else life throws at us, adding one more bill can feel impossible. But here’s the greatest “myth”-stake : Assuming life insurance is unaffordable before ever finding out what it could actually cost. Why Does Life Insurance Feel So Expensive? For many people, life insurance sounds like something that requires hundreds of dollars every month. They may remember an expensive quote from years ago, hear what someone else pays, or assume that because they’re older or have health issues, coverage is automatically out of reach. But life insurance isn’t one-size-fits-all. The cost can depend on several factors, including your age, health, coverage amount, type of policy, and the insurance comp...