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Five common myths about life insurance

By Kirsten Hastings, 22 Aug 17

Having a good life insurance policy is an important component of long-term financial planning and the best financial protection clients can offer their loved ones. But a reluctance to talk mortality and pervasive myths mean that some people still are not covered, says Globaleye’s Tony Ashton.

Myth 2: Life insurance is not for the young
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Myth 2: Life insurance is not for the young

Fact: Life insurance is for everyone; whether you are young or old, or single or with family and children.

It is advisable to take out a life insurance policy when you are young and in good health. This way you can take advantage of the lowest premiums.

Tags: Globaleye

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.