Most of us think of life insurance as a way to help the people who depend on us financially, or even just to help pay the debts we may have left for our end-of-life care, funeral, or burial costs.
What few of us tend to consider is the simple fact that it’s generally best to buy life insurance as early as possible, and why you may want to lock in your policy before you retire. One of the main reasons is that purchasing sooner rather than later helps to avoid post-retirement insurability and affordability pitfalls.
There are life insurance products you could purchase that enable you to better fund them while you are still working, and better ensure availability when you know the status of your overall health. Call us, we can walk you through some options you may not have been aware of.