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There are many misconceptions surrounding life insurance that can prevent individuals from securing the coverage they need. Here are some common myths and the truths behind them:
- Myth 1: Life insurance is too expensive. Truth: There are affordable options available for every budget.
- Myth 2: I don’t need life insurance if I’m young and healthy. Truth: The earlier you purchase a policy, the lower your premiums will typically be.
- Myth 3: My employer's policy is enough. Truth: Employer-sponsored coverage may not be sufficient for your family’s needs and often does not follow you if you change jobs.
By understanding these myths, you can make informed decisions about your life insurance coverage.
