Excuse #1: The life insurance I have through my employer is good enough
Many employers provide a type of supplementary life insurance coverage that is typically only one or two times your annual salary. This amount of coverage isn't always enough to meet the needs of most families. Moreover, you typically can't take your policy with you when you leave your job.
Excuse #2: It's just too expensive
The different types of life insurance policies available today make it possible to find something to fit just about any budget. Moreover, shopping for life insurance early before potential health problems arise, is one of the best possible times to make a purchase. Not only will your insurance premiums be more affordable, you'll find it's much easier to get a policy when you're younger and healthier.
Excuse #3: I don't know enough to make a decision
Life insurance can be complex. However, don't let what you don't know keep you from getting a policy. In fact, a qualified life insurance agent or company representative can help you take those first steps toward understanding the basics. They'll even help you calculate how much life insurance you need.
Excuse #4: Money spent on a life insurance policy can be invested elsewhere
First off, life insurance shouldn't be considered a vehicle for investment purposes - unless you consider it an investment in protecting those you love. The purpose of life insurance is meant to provide those who depend on you the most from financial hardship in the event you should you die unexpectedly.
Excuse #5: I don't have the time
While you can't manufacture more hours in the day or add more days to the week, there are some things in life that need to be brought to the top of the “to-do” list. Make life insurance one of them because just like taxes, death is certain - and there's not time like the present.