Buying life insurance is one of the smartest financial decisions—but only if done right. Before you commit, make sure you’re not falling into these common traps:
✅ Waiting Too Long
The earlier you buy, the lower your premiums. Don’t delay until it's too late or expensive.
✅ Choosing the Cheapest Policy
Low premium = low coverage? Don’t sacrifice your family’s future for short-term savings.
✅ Skipping the Fine Print
Policy terms, exclusions, and riders matter. Read and understand everything.
✅ Underestimating Coverage Needs
Your insurance should cover more than just your debts—think income replacement, children’s education, and inflation.
✅ Not Comparing Options
Different insurers offer different benefits. Always shop around and compare.
✅ Ignoring Riders
Critical illness, waiver of premium, or accidental death—riders can add powerful protection.
✅ Not Reviewing Periodically
Life changes—so should your policy. Review it every few years to stay aligned with your goals.