Most people should have life insurance, especially if you have anyone who depends on you financially or for actual care. People who need life insurance usually know that they need life insurance, but are waiting for a better day to buy it. You are not going to get thinner, richer, or smarter than you are now. I am here to tell you that if you wait for a better day to buy life insurance, bad things can happen.

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1. You Could Die.

The first risk you take by waiting is obvious: You could die and leave your family with nothing. In my practice, I have seen widows lose their homes to foreclosure when a spouse dies, I have seen stay-at-home moms have to get minimum wage jobs to bring in some sort of income and qualify for government benefits, and I have seen families have to move across the country to be with family because they didn’t have any financial resources after a spouse died. Life insurance is affordable and it prevents all of those bad things from happening.

2. You Could Become Ineligible.

The second risk is one that happens all the time: You wait too long, are diagnosed with some sort of illness, and you become ineligible for life insurance. If you do not have any health issues now, then apply for life insurance immediately. Once you have some sort of diagnosis, you could become uninsurable.

3. The Price Could (Will) Go Up.

The last risk is one that is inevitable: If you wait, the price WILL go up. This is because the insurance company uses age as one of their criteria for setting prices. There are certain big milestone ages in which the rates go up significantly.

Long story short: Go get life insurance NOW! There are three ways you can do it: 1) through your employer, 2) through a company you already get home or car insurance through, or 3) by finding a company that you can deal with online. But whatever you do, get it done!

If you want to get started on your estate plan, read about our estate planning services and schedule an appointment.

To your family's health + happiness.

~Candice N. Aiston

P.S. Want to get started slowly but surely, naming guardians for your kids? Check out our Guardian Plan kit.

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Candice N. Aiston is an Legal Planning Attorney for Estates + Businesses in the Portland, Oregon area. She helps people to prepare for a lifetime of security, prosperity, and guidance. If you would like to receive her free reports, please visit http://aistonlaw.com/ to sign up. Follow her Facebook page for daily planning tips: https://www.facebook.com/aistonlaw/.