Newlyweds have so many decisions to make and often overlook one of the most important ones – life insurance. While no one likes to dwell on death at happy times, planning for the future should always be a part of any couples financial plans.
Discussing Life Insurance Needs
No couple wants to start out discussing the what ifs but a life insurance discussion should be a part of any new couple’s discussions. If one person should pass,, having life insurance could mean the difference between financial ruin and staying on one’s feet through the bad times. The experts at Need Term Insurance are more than happy to help anyone, including newlyweds, plan for the financial future with the right policy.
Start With Term Life
Term Life insurance is a great option for newlyweds as they probably have a high debt to income ratio. Most newlyweds are young with few health issues, so getting a Term policy with maximum coverage is often very affordable. this sort of policy will provide the most coverage for the times when debts are highest. Most families in this stage of life have a mortgage with no equity, maybe two cars that are finances and countless other debts required to start a new home. A Term policy is often the best choice for those with a lot of debts.
Contact us today at Need Term Insurance. We can help you chose the policy that fights your individual needs and the right amount for your financial situation.