You want to get a good life insurance policy in Bethlehem, Pennsylvania. This means you need to know all about the top myths so that you can make well-informed decisions. You don’t want to fall for any of the misconceptions regarding life insurance.

Everyone Needs Life Insurance

Somewhere along the line a myth developed that life insurance is only for people who are retired. Everyone needs a life insurance policy because there are no guarantees as to when your time is up. Having a policy, even in your 30s and 40s, can pay off, particularly if you do pass before your time.

Those in Poor Health Can be Covered

One myth is that you cannot get life insurance coverage if you are in poor health. This is not accurate. You can find companies that will issue you a policy, though it may be more expensive and be limited in coverage. However, it can still be obtained, regardless of what your health conditions are.

Comparisons Will Get the Best Premiums

Another myth is that the only way to get the best premium is to shop online. The truth is that you need to make comparisons from multiple insurance companies in order to ensure that you are truly getting the best price based upon your individual needs and situation.

Term is Just One of the Options

There is a myth out there that term life insurance should be the only type of policy purchased – and the remaining amount of money should be invested. Whole and universal life insurance can provide a cash value and therefore it is another option that you need to consider, especially if your budget allows.

At Saucon Insurance Agency, our knowledgeable insurance agents can help you find a life insurance policy that works best for you and your budget. Call today and learn more about how we can offer assistance.