Life can be expensive. We all have important needs to cover — food for our families and transportation to get us to and from work — as well as other costs we don’t always think about.
These “life costs” add up. For example, the average person spends about $584 on food per month, and dog owners spend an average of $136 a month on their pets!
A practical way to ensure your family can cover these expenses in the event something happens to you is by having life insurance.
Life insurance can be affordable
But is life insurance out of reach? Many people think so. In fact, most Americans overestimate the cost of life insurance by three times.
In reality, life insurance can be a surprisingly affordable purchase to help protect your family. For example, a 35-year-old female in excellent health who has never smoked can get up to $100,000 in coverage for just $8 a month. That’s about half the cost the average consumer spends on food per day.
Life insurance can be a valuable part of your family’s financial security. Consider making it another essential to help protect the most important parts of life – the cost of life insurance is probably much lower than you think.
Premiums are guaranteed. They are level for the term period and increase annually thereafter. Premiums may vary based on your personal health history and underwriting guidelines. The answers provided to the health questions determine eligibility for coverage. Not all applicants will qualify. Product and its features may not be available in all states. Coverage ends at age 95. Life insurance underwritten by our affiliate, AAA Life Insurance Company, Livonia, Michigan. AAA Life Insurance Company is licensed in all states except NY. CA Certificate of Authority #07861. This article is an outline of the coverage provisions and does not contain all of the benefits and exclusions. See policy for specific details of coverage. Traditional Term Policy Form Series ICC11-1201/TL-1201 (In OR: ICC11-1201). © 2017 All Rights Reserved