Help! I'm Turning 26 And I Need Insurance!

1. Is insurance a priority when I’m struggling to pay for daily essentials?

Common expenses that people cut out when the rubber hits the road: charity, savings accounts, and insurance. We can agree that all three of these things are important, healthy investments in ourselves and even the community at large. Doesn’t stop us from worrying about how we’re paying for gas and take-out this week. You might agree that insurance is a priority, but question if you can even afford it and still live a decent life. But what if we told you could afford insurance the same way you can afford Netflix and the daily latte (better yet, if we said you could afford all three)? Here are three things to keep in mind:

• A. Car Wrecks, Major Illness, and the ER: Even if you’re the healthiest person you know, there are things you aren’t immune to. Car wrecks and major illnesses can cause unexpected medical expenses, but did you know some prominent hospitals aren’t even required to treat you if you don’t have insurance? You know what’s less stressful than that? Getting a free, no-obligations insurance quote.
• B. The costs don’t have to be front- OR back-end heavy: There is something to be said for paying for your health and life insurance in one fell swoop (it’s like those deals you get buying year-long access to the gym. Phew! Don’t have to think about that monthly budgetary bite!). But we’re all guilty of overestimating what something like, say, $24 a month really looks like. It looks like a Netflix account and a medium pizza. And in many cases, that’s the ballpark average for what life insurance costs you each month--when you apply in your twenties, that is.
• C. Free Life Insurance Quote + Monthly Equivalent of Spotify w/ a Slice of Pizza Pie = Peace of Mind

         2. How much time should I give myself to secure insurance before my 26th birthday?

It can take about 1-2 weeks to consider your options, less than an hour to fill out your application, and between 2-4 weeks for the big bad underwriters to review your case. That means it’s ideal to begin the thinking-signing-waiting process no later than two months before your cut off date (we mean, your 26th birthday). You got less than that? No sweat. You’re here, aren’t you? If you’re turning 26 tomorrow, there’s no better time than the present to get started with a free, no-obligations quote. Even if you’ve got a whole year before your next birthday, taking the time to consider your options can take less than the time it would take to watch 5 Youtube videos in a row. Plus, getting used to the new expense ahead of time is a great way to flex your fiscal muscles and adjust to the flow of the new expenses before they’re absolutely mandatory.

        3. If I’m young, healthy, unmarried, and with 0 dependents, do I even need life insurance?

Story Time: 35-year-old Stan d’Man is doing well for himself, and now that he has a wife and two kids, he figures it’s time to get some life insurance. His 25-year-old brother, Dan d’Man, is single as the day he was born. Even though he doesn’t make nearly as much money as Stan, and he currently possesses fewer insurable interests, Dan decides he’ll go ahead and get a quote too. But the numbers tell the real story, here. We can all agree here that the prime time we all think about getting insurance is so we can cover the “Full House” years. Typically, we put this window between 30-55, when most people are raising their children. What we want you to consider is how much cheaper your life insurance is in the long run when you apply in your twenties.

You can start sketching out some quotes now to get the picture.


         4. Ok, where do I get a quote?

Getting an insurance quote is as easy and painless as a click. In addition to your tried-and-true health and life insurances options, here are two insurance alternatives you might not have considered:

• Short Term Medical: Health insurance ideal for those in-between jobs or who just missed Open Enrollment; typically provides health and hospital benefits for anywhere between 1-12 months.
• Healthshare Ministries: This is an insurance alternative where members share expenses, allowing for commonly cheaper-than-average rates. Most of these healthshares exist as ministries, and there can be a “Faith Statement” that is required.

We hope this little pep talk has got you thinking about your future insurance needs. And remember, even if you’re 27-28-29-30 and looking at this article, you’re still in a prime window to get your life and health insurance in order. Our agents are friendly, knowledgeable, and willing to go the extra mile to find the right fit for you. Let’s get started!