Many people avoid life insurance due to misconceptions. Let’s bust the top myths:
❌ “I’m Young & Healthy—I Don’t Need It”
→ Accidents & illnesses are unpredictable. Locking in low premiums early saves money.
❌ “Employer Coverage is Enough”
→ Employer policies are often limited (1-2x salary) and disappear if you switch jobs.
❌ “Term Life Insurance is a Waste”
→ It’s affordable and ensures family security (e.g., covering mortgages, education).
Types of Life Insurance:
✔️ Term Life – Coverage for 10-30 years (best for most people).
✔️ Whole Life – Permanent + cash value (costly but lifelong).
Final Advice:
Get insured before major health issues arise—your future self will thank you.
