When looking for the best priced life insurance for a 37 year old it is important that you have choices. With dozens of the best insurance companies in the U.S. to choose from, including those who specialize in no exam life insurance, we can help guide you to the right company at the right price based on your unique health and lifestyle profile.
Life Insurance Thirty-Seven (37) Year Old.
So you’ve decided to buy life insurance at age 37. Or maybe you have some through your work but have decided it’s time to get some on your own. Well, whatever the case may be, you’ve picked a great age to begin looking to buy life insurance.
At 37, most clients will have a pretty good idea about how much coverage they’re going to need to protect their loved ones as well as have a pretty good idea about how much they can afford to spend on that coverage. And the good news about buying life insurance at age 37, is that most folks are able to afford much more coverage than they had originally planned on getting.
After all, just think about, what would happen to your family if you were to pass away tomorrow? What would happen to your loved ones if they could no longer count on:
- The income you provide?
- The work you do at home?
- The mortgage being paid?
- The tuition being saved?
Its questions like these that make many clients rethink the actual amount of coverage they need to protect their family. Which is why it’s a great thing to look at buying life insurance at age 37 because at age 37, life insurance coverage should still be:
- Inexpensive (see life insurance rates by age)
- Easy to qualify for.
- And loaded with options to choose from.
- See how affordable a million dollar life insurance policy is
Affordable Life Insurance for a 37 year old:
Buying life insurance at age 30+ should be pretty affordable because at age 37, term life insurance is usually the best and most affordable option for families. Term life insurance policies compared to whole life insurance are policies that will provide level coverage anywhere from 10 to 30 years. They are also what most financial advisors recommend due to their relative affordability and due to the fact that as most of us get older and our financial responsibilities decline, our insurance needs typically decline as well..
Easy to qualify for:
Qualifying for life insurance at age 37 is generally pretty easy as well because at age 37 most applicants health is still going to be good. At age 37, most client will not have been diagnosed with any of the common maladies that will complicate getting life insurance or make it more expensive to purchase Maladies such as:
- High cholesterol.
- High blood pressure.
- High blood sugar (the good news is affordable diabetic life insurance is available)
Which is why its so important to lock in your coverage now because if you do become diagnosed with one of these maladies, while it probably won’t prevent you from buying life insurance, it will definitely make life insurance more expensive.
More options to choose from:
You have a lot of options to choose from when you buy life insurance at age 37. Since most 37 year old applicants are going to be in good shape, their monthly payment will be very manageable. Which means that 37 year olds applying for life insurance should be encouraged to look at all the types of life insurance options available to them. Options such as:
- 25 and 30 year Term Life Insurance policies.
- Return of Premium Insurance policies.
- Whole life insurance policies.
- And Universal Life Insurance policies.
Because at age 37 it may make sense to try and lock down coverage for your entire life, rather than for just a few decades. When buying life insurance it is important to know what policy to choose and what face amount to put in place. That is where TermLife2Go comes in.
We know that for a lot of individuals, especially those who are just starting a family, having a “ton” of discretionary income simply isn’t a reality. So, despite the fact that you may have all the reasons in the world to purchase a term or whole life insurance policy right now, having the “funds” to do so just isn’t possible!
For this reason…
We’ve also chosen to write several articles sharing some of the knowledge that we have acquired over the years working with 1000’s of clients concerning how they earn a living.
You see, nearly every time we complete a life insurance application for one of our clients, one of the first questions that we need to ask is:
“what do you do for a living?” and “what would you estimate your annual income as?
Which means that over the years, we’ve become really familiar with a wide range of different career paths and opportunities that a person can take. Some of which you would probably never think of on your own!
And since we still have your attention…
One can assume that “most” folks who end up purchasing a term or whole life insurance policy do so, so that their loved ones would be protected “financially” in the event of their death.
But what happens if you get sick but don’t die?
Would your family’s financial future still be protected? Probably not. This is why we like to encourage folks to also take a look at some of our other articles that discuss other “types” of insurance policies as well so that regardless of what happens in the future, your family will be well prepared:
- Best Long Term Care Life Insurance,
- Best Private Short Term Disability Insurance Companies,
- And the Best Disability Insurance Companies.
Our number one goal here at TermLife2Go is to help individuals and families secure their own financial security and independence, we wanted to share with you what we’ve learned.
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