At What Age Should You Consider Buying Life Insurance?

When you live in Sandy, UT, it’s important to consider the age you should buy life insurance. The reality is that you are never too old or too young to buy this kind of financial protection. There are benefits either way.

Buying Younger

Buying life insurance when you are younger can be advantageous because you are healthier and life insurance companies view it as you have your whole life in front of you. As such, a policy is going to be more affordable. Particularly if you buy whole life, you can also obtain a cash value that can be used later in life.

Even though you plan on living for many years, you can never be too sure what’s going to happen. A life insurance policy can be used to provide financial protection to your family. If you don’t yet have a family of your own, the money can be given to your parents, your siblings, or others within your family to help support them.

Buying Older

If you choose to buy a life insurance policy when you are older, it may cost a little bit more money. However, you may be able to benefit from a term life insurance policy to protect you up until a certain age. This may be beneficial because you can have the protection in place until you pay off your mortgage or are old enough to start receiving pension or other retirement benefits.

Term, universal, and whole life insurance products are available. You can learn the pros and cons for each based upon the age you are when you decide to obtain a policy. Regardless of age, it can be well worth the expense.

At Smart Way Insurance Agency, we are here to help you buy life insurance. Call now and our agents will answer any questions that you may have.

 

 

Safe Driving Habits: Focus On Developing Safe Driving Habits Early On

Safe driving is not designed solely to keep you safe, but the others on the road as well. This also includes pedestrians and cyclists. Developing safe driving habits needs to happen, even before you get your license. This will make it easier to keep insurance rates low as well, by showing that you are a responsible driver.

There are many things that you need to focus on.

Buckle up

Buckling up is absolutely critical, for you as the driver, as well as for all of your passengers. For children, they need to be in the proper car seat or booster seat – and there are many different models available on the market. You want to make sure that it is positioned properly, secured sufficiently, and that it is right for the height and weight of the child.

Turn signals

Turn signals need to be used efficiently in order to tell other drivers where you are going. This includes when you are changing lanes, when you are turning onto the road, as well as when you are turning off of the road. This makes it so that everyone knows what your next move is going to be.

Rules of the road

There are hundreds of rules to follow when you are driving, and it is important to know what they are for your state. This includes everything from speed limits to when you should be using your lights. Familiarize yourself with the laws from time to time so you can be sure you are being the safest driver possible.

Take care of yourself and others. Pay attention to your surroundings and never be in too big of a hurry.

Call and talk to our independent agents at Smart Way Insurance Agency today. We will help to find affordable auto insurance that you can count on in Sandy, Utah and beyond.