It’s incredible how quickly perspective and priorities can change when certain life events take place.
Last week, while in Savannah, Georgia visiting our friends and family at home, it was clear that the locals were on high-alert after watching Hurricane Harvey devastate Texas the week prior. With two more storms in the Atlantic, many people were focusing their long, holiday weekend on putting together their hurricane evacuation essentials, and, overall, preparing for the unexpected.
For Bo and I, expanding our family has caused us to think more about how we can help ensure a safe financial future. We now have a fully dependent, 12-week-old daughter to think about when we make decisions. For us, term life insurance is a necessity for ensuring that no matter what happens to us, Bo and I will both have a financial cushion to help with paying the bills and raising Katie.
When Haven Life reached out to me in June, asking if I would be interested in partnering for a sponsored post, I quickly said yes. Updating our life insurance policy was on my to-do list and like so many other tedious and often overwhelming tasks such as creating a will, it had been pushed further and further down my to-do list. At the same time, I’ve heard horror stories from friends and family about waiting too long to update or even purchase policies. So, hopefully this post will motivate and encourage you to look into life insurance more actively. It did for me.
What’s nice about Haven Life is that they realize that today’s generation is looking for a simpler, easier to understand and transparent life insurance solution. We aren’t accustomed to having long-term relationships with insurance agents. Similar to the way that Expedia and other travel websites changed the way we book travel, Haven Life believes that today’s moms and dads deserve an insurance option that meets their online, DIY expectations. While Haven Life has a startup feel and fresh perspective, they are backed by MassMutual, a 160-year old life insurance company with a long history of financial strength.
Haven Life’s aim is to deliver a life insurance buying experience as it should be – a simple, transparent and friendly process that any customer can complete quickly and confidently. Their application process is online, and some people may qualify for InstantTerm, a Haven Life process that allows qualified applicants* under the age of 45 to finalize coverage without the need for a medical exam.
Plus, since the process is online, you can find out instantly if you’re approved for coverage and how much it’ll cost.
If you’re like most in our generation, you may not realize that a 20-year, $500,000 term life insurance policy can be very affordable, often less than $20 per month for a healthy 30-year-old woman. For a NYC resident that can mean taking your lunch to work a couple times a month. In fact, when using our current Brooklyn zip code, I found that a $1,000,000, 30-year policy would cost a healthy 34-year-old woman $54.33 per month!
So, instead of putting life insurance off any longer, take a few minutes to help financially protect your family this week!
This post is sponsored by Haven Life, but views expressed are my own.
*Based on health information from the application.
Haven Term is a Term Life Insurance Policy (ICC15DTC) issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111 and offered exclusively through Haven Life Insurance Agency, LLC.