7 Reasons Why Consumers Hesitate to Purchase Life Insurance (and the Reasons Why You Should)

“I’ll worry about exploring my life insurance options tomorrow.”

How many times have you uttered or heard these words? When you’re busy or your budget is tight, it’s tempting to relegate life insurance to another day’s to-do list. We understand. But life insurance is probably one of the most critical investments you’ll ever make. It ensures your family is protected in the event of your untimely death. It can even afford you financial support, should you find yourself facing a critical illness. So, why do so many still choose to overlook it?

For today’s post, we’re sharing top reasons consumers put off purchasing life insurance and how comparison shopping with us can put your procrastination to rest.

1) I Don't Want to Think About Dying

The only thing certain in life is death. Still, it’s not something any of us care to think about. As adults, we’re confronted with issues we often choose to ignore. This never alleviates the problem, though. The most logical and responsible thing to do is face the issue head-on, make a decision, and shift your focus back to living. It doesn’t have to be a painful process. The Vista Life team can help you understand the coverage you need and comparison shop quickly and confidently.

2) It’s Complicated

We live in a society where virtually everything can be researched and purchased online. While life insurance is no exception, many consumers become intimidated and walk away, when they have to weigh their available options. Life insurance has a unique value that differs from person to person. It’s critical that you discuss your needs with an experienced professional that can offer guidance and support. Purchasing life insurance doesn’t have to be a daunting task, but it is an investment you want to take seriously.

3) Paralyzed by Fear

No one likes making the wrong decision, particularly when it’s costing them money. But not making a choice at all is the worst kind of decision. Your need for life insurance isn’t going to dissipate over time. In fact, it’s likely that it will grow. Doing so now will ensure your premiums are the lowest possible and that your family is protected in the event of your untimely death. And, while it’s not recommended, you can always cancel the policy later if you really feel you made the wrong decision.

4) Don’t Have Time

If you’re anything like me, you often feel there’s not enough time in the day to get everything done. Cross one thing off the to-do list and two more things get added. Purchasing a life policy doesn’t have to be a lengthy process. In fact, you can obtain comparison quotes through Vista Life in less time than it takes to fill up your tank at the gas station.

5) I’m in Great Health, Why Would I Need Life Insurance?

You just had a physical and got a clean bill of health. Congratulations! Unfortunately, there are no guarantees in life and your health is no exception. Remember, insurance protects our family against the unknown. Do you really want to gamble with your family’s future?

6) It’s Too Expensive

One of the top reasons why people fail to purchase a life insurance policy is cost. If budget restrictions are a concern for you, don’t give up hope. There are a multitude of affordable options available. Don’t allow this common myth hold you back from investing in your future.

7) I Have a Pre-Existing Condition, I Know I'll Be Denied

Many consumers work under the assumption that a medical diagnosis immediately makes them uninsurable. While a medical condition typically results in a higher premium, the underwriter considers your ability to control said condition which determines insurability and price. At Vista Life, we’ve made it our mission to find affordable coverage for every insurable risk.

Most people want to enjoy their life, particularly the fun times with friends and family. It is understandable that people shy away from thinking about the end of their lives. No one wants to think about leaving their friends and family before their time. Working with a qualified professional will allow for a seamless and painless life insurance process. Once you’ve made your final decision, you can rest easier at night and get back to living life to it’s fullest. At the end of the day, that’s all any of us really want.