Common Life Insurance Myths
- Charlotte Burr
- Sep 9, 2025
- 2 min read
Life Insurance is a heavy, confusing topic. And, with how much goes into it, you’re likely to encounter plenty of life insurance myths or misconceptions. So, to help you navigate this process more easily, here is a few of those life insurance myths debunked:
· Life insurance is for the elderly – While older folks are more likely to purchase life insurance, anyone can get it. If others rely on your income in their day to day life, or you’re worried about funeral costs, then life insurance is a sensible investment, no matter how old you are.
· Life insurance is expensive – Like all kinds of insurance, the cost of life insurance varies. But it is often far less expensive than most people think. Generally speaking, life insurance costs around $170 a year. Compare that to how much you might pay for something like car insurance, and life insurance suddenly seems a lot more affordable.
· You only need life insurance if others depend on your income – While life insurance can be useful to replace any income lost after your death that your family relies on, that isn’t its only purpose. Life insurance can also be used to cover funeral expenses or leave behind charitable donations.
· Pre-existing health issues will disqualify you from getting life insurance – While certain pre-existing conditions might make life insurance more expensive, you can still be covered. There are a wide range of policies, and one of them is bound to cover you.
Debunking life insurance myths by yourself can be difficult. That’s why AZ Insurance Team is here to help. As an insurance broker, we can do the shopping for you and find the best policy for your budget and needs. We hope to hear from you soon!
How AZ Insurance Team Has Your Back
At AZ Insurance Team, we’ve been serving the Valley for over a decade, helping families and individuals protect what matters most. Whether it’s reviewing your home, auto, or life insurance, summer is the perfect time to make sure you’re covered before the celebrations begin. Reach out today to review your policy and see how much you could save. Peace of mind is just a call or click away.
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