You may think you do not need life insurance in NJ until you are a senior citizen, but that is a very long way from the truth. Life insurance needs may vary at different stages in your life, and your agent could help you identify the right policy for you right now.
You may need life insurance even if you are young and have no dependents. Should you be providing support for aging parents or siblings, you may need life insurance to provide some financial protection for your family in your absence. If you have a large debt that your parents might be liable to pay if you passed away you may want to have life insurance in place to protect them financially. Life insurance purchased at a young age typically means lower premiums.
Some people believe that it is best to opt for a life insurance policy that does not require a medical exam. This is not always true. Should you be a young person in good health, taking the time to go through the medical exam may result in lower premiums for you to pay. Other people believe that life insurance is too expensive. This is not always the case. There are many options available through your life insurance NJ agent. Your agent may be able to help you find the one that is right for you.*