When you’re just starting out, life insurance may not be your first concern. While you manage to skate through your 20s, buying life insurance on Long Island, NY while you’re in your 30s is a smart move to make. Not convinced? Here are a few good reasons why you should consider coverage.

Buying Life Insurance in Your 30s

You have a family.

You may be married or have kids or both! When you have people who depend on your income and hard work to live, then you need to secure life insurance. Coverage helps to pay for a variety of expenses when you’re gone, including the mortgage or rent, child care costs, groceries, utilities, and more. Without a policy, your family may struggle financially when you’re gone.

You have a higher income.

Chances are, you’re making more money in your 30s than you were in your 20s. This higher income would be difficult to replace if something were to happen to you. Fortunately, life insurance would help to replace some of your income so that your family has financial support.

Life insurance is cheap.

Life insurance gets more expensive the older you get. With age, health tends to decline, which results in higher premiums. In short, the best time to buy a life insurance policy and lock in low rates is when you are young and healthy. Your 4o-year-old self will thank your 30-year-old self for getting this coverage.

Thinking about securing life cover? Take a look at these three reasons why having life insurance is good for you. When you’re ready to get started on your life insurance policy talk to the professionals at Premier Risk Insurance. We serve Long Island and surrounding cities in New York, and we look forward to hearing from you today.