Is It Ever Too Early Or Late To Buy Life Insurance?

At the Sanford Group, we’ve seen many of our Ball Ground, GA clients struggle when deciding on life insurance. Many think they are either too young or too old to buy it. There’s never a wrong age to buy life insurance. And here is why.

Buying Young Can Be Beneficial

While some life insurance companies may refuse to sell you life insurance when you are in your 20s, there are plenty of companies that will. Why should you consider life insurance at such a young age? First of all, you are likely to get good premiums when you’re younger.

Those premiums will stay stable as you age, though they will eventually go up when you reach a certain age. And it is never too early to start thinking of your family. If you are already married with children, you should make sure they have something to help them if you should pass at a young age. This isn’t morbid thinking: it’s intelligent financial planning.

Why You Should Get It When You Are A Little Older

But what about if you are, say, over 40 and want to buy life insurance? Surely it’s too late at that point? Not at all. While you are definitely going to be paying a little bit more than you would if you were younger, there are still many benefits of life insurance.

For example, it can help pay off your home’s mortgage and your funeral expenses after you die. Again, this is not morbid thinking but a good investment in your children’s future.

The Experience Will Vary

Buying life insurance will vary depending on your age. For example, if you buy in your 20s, you will likely get fairly low-cost insurance due to the low risk of your death. In your 30s, you will definitely pay more, especially if you use a monthly income plan that provides your family with a monthly expense after your death. After your 40s, you may pay as much as $1,500 a month for life insurance, but it is well-worth the price for protecting your family.

So if you life in Ball Ground, GA and need help choosing life insurance, please don’t hesitate to contact us at the Sanford Group to learn more.

How Commercial Insurance Makes Your Business Profitable

Commercial insurance to a start-up in Ball Ground, GA probably feels a bit like a punishment. After pouring in money from practically every source, there are still more bills to pay on top of it all. So how can a bill make your company more profitable? Having insurance is one important resource to show everyone just how dedicated you are to your company. Over time, it ensures trust and respect from both customers and fellow business owners which can lead to more revenue. 

Keeping Your Reputation Up 

Having comprehensive commercial coverage won’t mean much to your customers if absolutely nothing happens to your business, but it certainly can have a major effect after an event. Let’s say all of the windows of your establishment in Ball Ground, GA are broken after a major storm — just like everyone else’s store on the street. With the right insurance, you’ll likely be one of the first to reopen. This will let customers know just how responsible you are when it comes to maintaining your business. It sends the right message that your commitment to quality is now something to question.

A Boost to Business

The Sanford Group has seen that this extends toward any event, from an injury to a faulty product. Getting everything taken care of quickly allows owners and employees to go back to making money quickly and with the least amount of interruption. Everyone knows that no one can prepare for absolutely everything, but those who prepare the most are the ones who inspire trust. Any business owner will tell you that trust is the key component to increasing profits. If you want to know more about the policy that will do the most for your business, give The Sanford Group a call for more information!