As one of the leading providers of life insurance in Tennessee, we are experts when talking about its common misconceptions. Allow us to share what we have heard over the years:
- Life insurance is for old people.
Life insurance is actually for people of any age. It can provide financial protection for your loved ones in case of sudden, unexpected events.
- Life insurance is expensive.
There are a lot of different insurance products, types, and coverage options that can fit different budgets. Thus, life insurance can actually be affordable.
- Employer-provided life insurance is enough.
You may think that since you already have insurance from your employer, you don’t need to get your own. But usually, it may not be enough and it offers less flexibility because it is tied to your job.
- Life insurance is an investment.
Do not think of life insurance as an investment. While some insurance policies have a cash value component, the primary purpose of life insurance is financial protection.
- You can’t get life insurance if you have pre-existing health conditions.
This is not always the case. There are many insurance companies that offer insurance policies for people with pre-existing health conditions. But it is important to note that the rates may be higher.
Are you looking for an independent insurance agency in Memphis, Tennessee? Then you have come to the right place. Look for no other than Porter Insurance Professionals. Rest assured that our professionals can help you determine what insurance suits your needs best.
For Medicare insurance and more, please don’t hesitate to get in touch with us. Our friendly representatives will be happy to assist you.
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