{"id":129,"date":"2021-09-19T17:23:16","date_gmt":"2021-09-19T17:23:16","guid":{"rendered":"http:\/\/fitness3.mythemecloud.io\/?p=129"},"modified":"2023-02-18T04:56:47","modified_gmt":"2023-02-18T04:56:47","slug":"life-insurance-facts-you-need-to-know","status":"publish","type":"post","link":"https:\/\/texaslifegroup.com\/2021\/09\/19\/life-insurance-facts-you-need-to-know\/","title":{"rendered":"Life Insurance for Dummies"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"129\" class=\"elementor elementor-129\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3d467e27 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3d467e27\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47e1226\" data-id=\"47e1226\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19e98ac5 elementor-widget elementor-widget-text-editor\" data-id=\"19e98ac5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 18-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><strong><span style=\"font-size: 16px;\">Is coverage as expensive as people think? The numbers might\u00a0<\/span>surprise you.<\/strong><br \/><br \/>Pop quiz: How much do you know about life insurance? Ask yourself these questions\u2014and then find out<br \/>the facts.<br \/>1) How many people own life insurance?<br \/>2) Most Americans overestimate the cost of life insurance. By how much?<br \/>3) What\u2019s the #1 reason Americans buy life insurance?<br \/>4) What\u2019s the easiest, fastest way to get coverage without hassle?<br \/>H2: The amount of protected families has fallen<br \/>Answer: 52% of Americans reported owning life insurance in 2021. That\u2019s a significant decrease since<br \/>2011 (63%). The numbers are concerning, considering 6% of kids will lose a parent before age 18, when<br \/>they need financial protection the most.*<br \/>Life insurance is an essential safety net for families, providing financial support if the policyholder passes<br \/>away unexpectedly. If you have a policy, you can rest easy knowing your loved ones are protected, even<br \/>if something happens to you.<br \/>Our technology partners at Ethos make it easy to <a href=\"https:\/\/agents.ethoslife.com\/invite\/c17dd\">get a quote online<\/a>. If you\u2019re ready to apply, it only takes a few<br \/>minutes.<br \/><br \/><strong>People overestimate the cost of life insurance&#8230;by a lot.<\/strong><br \/>Answer: More than half of Americans overestimate the cost of life insurance by at least 3x! Imagine the<br \/>price of your favorite fancy cup of coffee, and triple it\u2014sounds wild, right? Too many families are letting<br \/>this misconception stop them from getting valuable coverage. By using a company like Texas Life Group to find a<br \/>policy, you can see how certain factors, like term length or coverage amount, affect your monthly price.<br \/>The price of life insurance increases as you grow older, so it\u2019s a smart move to take action sooner than<br \/>later. Once you lock in your price, it\u2019s set for the duration of your term length.<br \/><br \/><strong>Our reasons for life insurance are deeply personal.<\/strong><br \/>Answer: Covering final expenses is the #1 reason 83% of Americans buy life insurance. Additionally, 68%<br \/>of people got a policy to replace lost income, and 63% wanted to leave an inheritance.\u2020<\/p><p>Whatever your reason, Texas Life Group understands getting life insurance is anything but an everyday financial<br \/>transaction. That\u2019s why they approve 95% of people who apply\u2014because protecting the ones you love<br \/>most shouldn\u2019t be difficult.<br \/><br \/><strong>Take action to protect your loved ones.<\/strong><br \/>How to get life insurance today without the hassle of medical exams or long waits? The answer is Texas Life Group.<br \/>In their application, you answer a few health questions instead of going to the doctor or taking blood tests.<br \/>If you\u2019re ready to make a plan for life insurance, start by getting a <a href=\"https:\/\/agents.ethoslife.com\/invite\/c17dd\">quick quote now<\/a>.<br \/><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-413\" src=\"https:\/\/texaslifegroup.com\/wp-content\/uploads\/2023\/02\/open-hands-love-letter-620x700-2-266x300.jpg\" alt=\"\" width=\"266\" height=\"300\" srcset=\"https:\/\/texaslifegroup.com\/wp-content\/uploads\/2023\/02\/open-hands-love-letter-620x700-2-266x300.jpg 266w, https:\/\/texaslifegroup.com\/wp-content\/uploads\/2023\/02\/open-hands-love-letter-620x700-2.jpg 620w\" sizes=\"(max-width: 266px) 100vw, 266px\" \/><br \/>*Death of a Sibling &amp; Death of a Parent, 2021, Judi\u2019s House\/JAG Institute. All other data: LIMRA, Facts<br \/>About Life 2021<br \/>\u2020LIMRA, 2021 Insurance Barometer Study<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Is coverage as expensive as people think? The numbers might\u00a0surprise you. Pop quiz: How much do you know about life insurance? Ask yourself these questions\u2014and then find outthe facts.1) How many people own life insurance?2) Most Americans overestimate the cost of life insurance. By how much?3) What\u2019s the #1 reason Americans buy life insurance?4) What\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":598,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ofc_enable_fullscreen":"disable","ofc_fullscreen_speed":0,"ofc_fullscreen_nav":"enable","ofc_fullscreen_nav_pos":"right","ofc_fullscreen_nav_color":"","ofc_fullscreen_nav_tooltip_color":"","ofc_fullscreen_responsive":0,"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[2],"tags":[11,7],"categories_names":["Tips"],"post_class":[["post-129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips","tag-facts-you-need-to-know","tag-life-insurance-for-dummies","entry","has-media"]],"author_avatar":["<img 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