Life Insurance Infographic

The infographic visualizes the fact that although 70% Americans do not have life insurance, 93% of them believe it is important to have it.

Why? At the very least, life insurance can help offset the costs of a funeral, which nowadays averages $20,000. Most importantly, it can replace the income of the primary breadwinner. It is recommended that coverage be somewhere in the neighborhood of 10 to 20 times gross income to provide financial security.

The cost of life insurance depends on the coverage amount, and the age and health of the insured. Life events like marriage, starting a family, or buying a home are all typical reasons that prompt people to buy a life insurance policy.

Life Insurance is a tiny investment to protect yourself and your loved ones in case of an emergency. Right now, rates are the lowest they have been in decades. If you don’t have this important investment in protecting the future of your home and family. Look into getting it, today. QualityTermLife let’s you compare term life insurance quotes online from dozens of the top insurers.

Source: Fidelity Life Insurance