5 Reasons We’re Scared to Talk About Insurance

I understand the hesitance that many individuals feel when it comes to talking about insurance. It’s complex and can often feel intimidating to discuss, but there are important reasons why it should be addressed. Here are five common fears and why we shouldn’t be scared to talk about insurance.

1. It's Hard to Understand: Insurance policies can appear daunting at first glance, with the language used in policy documents often difficult to decipher. However, having a solid understanding of how your insurance works can help you make informed decisions about the best plan for you. Finding a licensed insurance advisor who can guide you through the insurance process is an ideal way to make sure that your policy meets your needs and budget.

2. No One Likes Talking About Death: When talking about insurance, death is unavoidably part of the conversation. But creating a life insurance plan is a responsible way to make sure that you and your loved ones are taken care of in the event of an unexpected death. Talking about death can be difficult, but it’s an important part of every person's financial plan.

3. "I'm Too Young for Life Insurance": It’s true that there are more immediate investments to make when you're young, such as retirement savings or saving for a house. However, life insurance is an important long-term investment and can help provide financial stability for your loved ones in the future. It’s never too early to start thinking about life insurance.

4. You Don't Get Any Cash: Insurance is not a get-rich-quick scheme; it’s designed to protect you and your family in the case of an unexpected financial loss. By understanding the value of securing a policy, you will be prepared for the future.

5. It's Too Expensive: Life insurance can seem expensive at first, but there are policies available to fit any budget. Working with an expert financial advisor can help you narrow down the best options for your budget and lifestyle.

It’s understandable to be scared to talk about insurance, but the security it provides far outweighs the fear of discussing it. Working with a professional life insurance advisor can help you find the perfect policy for your needs, today and in the future. Don’t be afraid to start the conversation. Your financial security depends on it!

705.427.2006

brenault@liahona.ca