Do you buy life insurance? I once read in a magazine that if you were young, single and without any dependents, you shouldn’t spend too much money on monthly life insurance policies every month as there wouldn’t be anyone who will stand to gain from it in any unfortunate event. However, the way I see if, while that’s true, it also pays to plan ahead for your future because if you decide to get married and have children, the term life insurance quote when you’re older will cost a lot more.

Insurance agents have lots of bad rap and my agent with Great Eastern isn’t any much better. However, her pushiness aside, she does help us ensure that our payments are made on time and in some cases when we’re too busy or out of the country, she actually assists with making the payments first so we will not be hit with the interest payments. So if you’re looking to buy an insurance package, I guess it pays to buy it from someone you might already know. It does help with the relationship!