The biggest problem with life insurance is that those who need it the most don’t have it or can’t get it due to their health. Some people never need it, and others might only need it for part of their lives. Those that don’t need it are lucky enough that financially they have sufficient to pay off their mortgage (if they have one), pay ongoing bills and everyday expenses, and extra put away to pay for their kids’ future education. But for many people, knowing that they can reduce the hardship on their family by taking out life or funeral cover makes it something definitely worth considering.
Now, I’m sure at one point or another, you tried to find out about life insurance and were greeted by a broker who had no greater desire then to sell you a policy that you don’t actually need, all so they could get commission rather than help you with your genuine needs or tailor it around what you can afford. That's a recipe for failure when you have to pay the premium, and it sets too many of us up for a lapse in coverage.
Approximately 25% of people who buy life insurance stop paying their premiums in the first three years. By the 10-year mark, almost 50% quit paying! This means you pay all this money, month after month, to wind up with zip. What you need is a policy that's easy to buy, easy to own and cheap! Buying what's sometimes called Protection Insurance is simple and costs practically no money at all. From Pinnacle Life, a 45-year old, non-smoking male can get a $250,000 life insurance policy and only pay less than $30 per month. And for all the women reading this, start jumping for joy because women's coverage is even cheaper since women generally tend to go to the doctor and take care of themselves a lot better than their male counterparts...
To find out now about what kind of life insurance you can get with Pinnacle Life, click here.
If your organisation is a member of n3, you already know the great savings that your business can get, but if you’ve forgotten, click here. We are proud to have Pinnacle Life onboard as one of the many great suppliers we can offer through our Employee Benefits program. Through a membership with n3, you can get 5% off your premiums at Pinnacle Life for any new Life Insurance policy, or Mortgage Cover ongoing for the life of your policy. Head over to your Employee Benefits voucher page to make the most of this offer.