Game Changers: The Conscious Culture Volume 2 Issue 8 | Page 7

Why Buy Life Insurance NOW? Written by Kye Wilson When you think about buying life insurance, what are some of the common reasons that either you have said or heard others say why it is okay to wait and buy it later? I don’t have the time right now? I cannot afford it at this time? I don’t want to take a physical exam or answer any medical questions? I want to lose weight, get in shape, and stop smoking......... first? Yes there are many reasons that seem like they make sense to put off this dreaded task until later, but there are many better reasons to do it now. be issued with ‘conditions’ or the worst case scenario is that an application is completely declined. This is the scenario that you absolutely want to avoid. Some declination factors cannot be changed or improved in the future to have your application accepted at a date. The one thing that is guaranteed when it comes to pricing life insurance at all com- panies, the price increases with your age. Looking at that factor alone, you will never get a better price then today. Unless you have a way to reverse your age, every year your age rate increases. Now to 1the next excuse and the most dreaded one, medical exams. In reality, if you shop around and look at various policies with the same or different companies, you will see that there are vastly varying re- quirements to purchase a policy. Some policies require extensive questioning and medical exams down to policies that literally re- quire only a few basic questions and your signature and payment. You are able to choose a policy that fits your comfortability level. With our company, if you do choose a policy that requires a physical exam, it can be done in privacy of your home or place of your choice at a time that fits your needs. All exams are conducted by a licensed nurse and you once completed you will receive a full comprehensive report of all of your exam and lab results for free. The exam alone is worth a few hundred dollars and we do it for free. The final reason that people tend to wait is so they can ‘just get @@@ in order before I apply for insurance.’ Waiting is not always necessary. Buying insurance today while you are a little overweight, or currently trying to quit smoking is not a permanent scar on your record. For many minor and some major Let’s talk about those reasons. The first reason and the most important one in my opinion is that being offered the chance to purchase a life insur- ance policy IS NOT GUAR- ANTEED. Companies are quite selective on what qualifications must be met before they will agree to offer you a policy under- written with their company. People are often surprised when I explain that we have to apply to see if your current health condition or financial status will be acceptable to buy a policy. Typically your health status tends to decline as you grow older in Your child is driven to be the best on age. This means the field. But they need you to be the that the eligibility driver off the field. At American Family window becomes Insurance, we believe your dreams are the smaller and may most valuable things you will ever own. limit your policy And we’ll help you find just the right options and the insurance to protect them. cost to purchase the policy increases. A policy can also health concerns, you can buy a policy immediately for a higher price and then after you have achieved your goal you can apply for a rate reconsideration. This means that you can provide medical proof from your doctor and/or complete an application amendment to have your rate changed to reflect your current health status. Doing it this way instead of the reverse mean that you will have coverage the entire time. Regardless if you ever obtain your goal. Because as stated earlier, we know your rate is going to increase with you age for sure. I hope this brief article gave you a little more insight on how life insurance works and why it is almost always better to buy now rather than wait until later. The truth is, when it comes down to an unfortunate and financially devastating loss of a loved one, spouse, parent or child, the surviving family never cares how much you weighed or exactly what date you purchased that now treasured and lifestyle saving life insurance policy. Let’s talk today. Kye Wilson Agency 1123 McDonough Place McDonough, GA 30253 [phone] [email protected] American Family Insurance, Mutual, Standard of OH and WI Companies, 6000 American Parkway, Madison, WI 53783 and The General® | © 2016 012413– 7/16 Game Changers Magazine Sep/Oct 2017 - 6