As you reach you mid-thirties, it really is a great time to purchase either a term or whole life insurance policy. By now you may be married, have a home with a mortgage, and even a few kids. Therefore the need is definitely there. After all, what would happen to them if you were to pass away tomorrow?
Now the good news is that by purchasing life insurance at age 34, we generally have a pretty good idea how much insurance we’re going to need as well as have a pretty good idea about what will and won’t fit within our finances.
Since we know how much insurance we need and what our finances will allow, buying life insurance at age 34 a great time to buy. When buying life insurance at age 34, life insurance should be:
- Easy to qualify for.
- And full of options.
Affordable Life Insurance for a 34 year old:
Buying life insurance at age 34 should be very affordable because at this age most people applying for life insurance are going to be pretty healthy. For this reason, insurance companies are likely to offer very low rates or offer policies that do not require full medical exams in an effort to earn your business. By working with an agency that can pick and choose among dozens of carriers, a healthy 34 year old should be able to find a carrier that will offer both low rates and no medical exam required.
For example, a 34 year old male in perfect health taking out a $250,000 20 year term policy would pay less than $14 a month. And a universal life policy for $250,000 to age 100 would run a little over $90 a month. That same 34 year old male would only pay $20 a month for a non medical exam.
Easy to qualify for:
Qualifying for life insurance at age 34 should also be pretty easy because, most 34 year olds are going to be physically fit. At 34 years of age, most applicants will not have been diagnosed with any of the conditions insurance companies look at when determining eligibility and pricing such as:
Now if you have been diagnosed with one of these conditions already, it’s not the end of the world. However, having one of these conditions at 34 years old makes getting life insurance now all the more urgent. Don't let your health continue to deteriorate to the point where you cannot qualify for life insurance. Get life insurance now.
More options to choose from:
Buying life insurance at age 34 will give you a greater variety of options to pick and choose from when considering which life insurance policy is best for you and your loved ones. For example, polices such as:
- Return of Premium Insurance policies.
- Whole Life Insurance policies.
- And Universal Life Insurance policies.
These policies may provide possible alternatives to traditional term life insurance simply because at the age of 34, these alternatives may still be very affordable. But there are other factors too consider, such as the necessary face amount. You may need a lot of life insurance to secure your family's financial future. So your best option might be a shorter term policy with a bigger death benefit. This is where TermLife2Go can help.
By working directly with TermLife2Go you will have an assigned agent dedicated to your application. This agent will be available to you throughout the entire application process; he or she will provide you with status updates as your application goes through underwriting and will also review your application at time of approval to ensure that you are still getting the best deal out there!
So what are you waiting for? Just give us a call at 866-760-8740 or simply click on the link below for a free life insurance quote to see just what we can do for you!