3 Big Excuses People Give for Avoiding Life Insurance — And Why They Shouldn’t
Let’s face it — life insurance isn’t something most people are excited to talk about. But it’s one of the smartest and most responsible financial moves you can make. Still, many delay it, thinking they’ll get to it “someday.”
Does it sound familiar? If yes, then you’re not alone. Over the years, I’ve heard many reasons why people delay getting life insurance. But most of these reasons are just excuses. Let’s break down the top three — and why they shouldn’t stop you from protecting what matters most.
1. “It’s too expensive.”
This is the number one excuse — but it’s usually not true.
Most people overestimate the cost of life insurance. For example, a healthy 30-year-old non-smoker can get $500,000 in 20 years term life coverage for around $25 a month. That’s less than one dinner out or a couple of lattes.
Now imagine if something unexpected happened. Could your family handle the mortgage, bills, and day-to-day expenses without your income?
That $25/month could mean peace of mind and financial security for the people who depend on you. When you compare that to what it covers, it’s not expensive — it’s essential.
2. “I’m young and healthy. I don’t need it right now.”
This one sounds logical — but actually, youth and good health are exactly why you should get it now.
Here’s why: life insurance premiums are based on your age and health. The younger and healthier you are, the cheaper your premiums will be.
Check this out:
- Age 30, non-smoker: $500,000 term = approx. $25/month
- Age 40, same person: $500,000 term = approx. $45–60/month
- Age 50+: Could be $100+/month, or even higher
Plus, if your health changes later, you may become uninsurable or face much higher rates.
Locking in a policy now saves you money and secures your coverage for years.
3. “It’s too complicated.”
Yes, insurance can feel confusing at first — but it doesn’t have to be.
There are two main types:
- Term Life Insurance: Affordable and covers you for a set period (e.g., 20 or 30 years)
- Permanent Life Insurance: More expensive, but lasts for life and may build cash value
You don’t have to figure it all out yourself. A good advisor will walk you through your options, explain what fits your needs, and make the process easy, not selling you the most expensive policy.
Think of it this way: You don’t avoid using your phone just because you don’t know how the circuit board works. Same with insurance — you just need to understand what it does for you.
Conclusion
Life insurance isn’t for you — it’s for the people you love. It’s not about fear. It’s about responsibility and protection.
So if you’ve been putting it off because of one of these excuses, take a moment to rethink. The real cost may not be the premium — it might be the consequences of not having coverage when your family needs it most.
If you need help understanding your options or want a free quote tailored to your needs, reach out. No pressure — just honest guidance.
