Why Buy Life Insurance in Your Twenties?
Think of all the firsts you could experience in your twenties: your first job, your first house or apartment, maybe even starting a family. But you might not have thought about your first life insurance policy.
Your financial future isn’t just a 401(k), a Roth IRA, or stocks and bonds. Life insurance helps to ensure your loved ones wouldn’t have to change their lifestyle if anything were to happen to you. Even if you’re still only taking care of yourself with no responsibility for someone else, this coverage should be a key component of your financial strategy.
Assessing the Purchase of Life Insurance
Individuals starting a career may want to consider Group Term Life Insurance, such as HPSO-sponsored coverage. If you’re like many students, you have loans that need to be repaid. If you should die before the loans are repaid, that obligation could fall to your estate or family.
Group Term Life Insurance helps safeguard against that and many other financial burdens you might leave behind – credit card debt, medical bills, car payments, rent and funeral expenses, just to name a few.
Starting a career and being independent is the first step toward achieving financial stability. It’s up to you to protect what you’ve worked so hard to earn.
The Benefits of Beginning Early
The younger you are and the better your health, the lower the price will be to insure you. As you age, your health status may change and put you at risk for being unable to obtain life insurance at a lower cost, or even at all.
Life insurance purchased today can also protect your future insurability. You may eventually have a family, debt, a mortgage and aging parents to look after. A Group Term Life Insurance policy could help assure your financial responsibilities are covered by acting as a hedge toward paying off your obligations.
The Perks of Group Coverage Through HPSO
Although you may have some life insurance through your employer, it might not be enough, and if you left your job, you’d lose that coverage altogether. HPSO-sponsored Group Term Life Insurance is portable, meaning if you move to another employer or decide to travel the world, you’d still have your coverage.
Best of all, life insurance through HPSO is designed to offer a more comfortable cost than you may think. You can use an online calculator to select a monthly payment that’s a good fit for you and immediately learn how much coverage you can get for that amount.
Buying life insurance now will put in place an important and secure financial building block for your future. Take charge of your financial stability today.
Easily apply for life insurance online, often with no medical exam
To save you time and inconvenience in helping safeguard what matters most, HPSO has worked with New York Life Insurance Company to simplify your application process for up to $250,0001 of term life insurance.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy.
- Apply online in minutes – in most cases, members and spouses under age 50 applying for $250,000 coverage or less will not require a medical exam, just answer a few health questions.
- You’ll have the option to lock in your cost at your current age for as long as 20 years.
(No need to provide an email address or phone number to see your cost.)
Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 on Group Policy Form GMR.
1 In most cases, no medical exam is needed (just answer a few health questions) for applicants under age 50 applying for up to $250,000 Group Term Life ($200,000 for Level Term Life). If an exam is required, it will be scheduled at your convenience and at no cost to you. Higher coverage amounts are available.
2 Including information on features, costs, eligibility, renewability, limitations and exclusions.
Why Buy Life Insurance in Your Twenties?
Think of all the firsts you could experience in your twenties: your first job, your first house or apartment, maybe even starting a family. But you might not have thought about your first life insurance policy.
Your financial future isn’t just a 401(k), a Roth IRA, or stocks and bonds. Life insurance helps to ensure your loved ones wouldn’t have to change their lifestyle if anything were to happen to you. Even if you’re still only taking care of yourself with no responsibility for someone else, this coverage should be a key component of your financial strategy.
Assessing the Purchase of Life Insurance
Individuals starting a career may want to consider Group Term Life Insurance, such as HPSO-sponsored coverage. If you’re like many students, you have loans that need to be repaid. If you should die before the loans are repaid, that obligation could fall to your estate or family.
Group Term Life Insurance helps safeguard against that and many other financial burdens you might leave behind – credit card debt, medical bills, car payments, rent and funeral expenses, just to name a few.
Starting a career and being independent is the first step toward achieving financial stability. It’s up to you to protect what you’ve worked so hard to earn.
The Benefits of Beginning Early
The younger you are and the better your health, the lower the price will be to insure you. As you age, your health status may change and put you at risk for being unable to obtain life insurance at a lower cost, or even at all.
Life insurance purchased today can also protect your future insurability. You may eventually have a family, debt, a mortgage and aging parents to look after. A Group Term Life Insurance policy could help assure your financial responsibilities are covered by acting as a hedge toward paying off your obligations.
The Perks of Group Coverage Through HPSO
Although you may have some life insurance through your employer, it might not be enough, and if you left your job, you’d lose that coverage altogether. HPSO-sponsored Group Term Life Insurance is portable, meaning if you move to another employer or decide to travel the world, you’d still have your coverage.
Best of all, life insurance through HPSO is designed to offer a more comfortable cost than you may think. You can use an online calculator to select a monthly payment that’s a good fit for you and immediately learn how much coverage you can get for that amount.
Buying life insurance now will put in place an important and secure financial building block for your future. Take charge of your financial stability today.
Easily apply for life insurance online, often with no medical exam
To save you time and inconvenience in helping safeguard what matters most, HPSO has worked with New York Life Insurance Company to simplify your application process for up to $250,0001 of term life insurance.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy.
- Apply online in minutes – in most cases, members and spouses under age 50 applying for $250,000 coverage or less will not require a medical exam, just answer a few health questions.
- You’ll have the option to lock in your cost at your current age for as long as 20 years.
(No need to provide an email address or phone number to see your cost.)
Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 on Group Policy Form GMR.
1 In most cases, no medical exam is needed (just answer a few health questions) for applicants under age 50 applying for up to $250,000 Group Term Life ($200,000 for Level Term Life). If an exam is required, it will be scheduled at your convenience and at no cost to you. Higher coverage amounts are available.
2 Including information on features, costs, eligibility, renewability, limitations and exclusions.
