Taxevity

Question 5: "Why should I buy now?"

1. Prices increase while you wait since your age increases
2. Your health deteriorates, which can make you uninsurable or pay a surcharge on your premiums
3. The underwriting process often takes 2-3 months
4. You're under no obligation to buy and have a 10-day money-back guarantee
5. The underwriting process may uncover medical issues you can address now before a symptomless condition becomes grave or incurable
6. You're not protected until you're approved and pay the first premium
7. You may benefit from creditor protection depending on the structure
8. Tax rules change but inforce life insurance policies are often grandfathered
9. You won't value what you buy until later [but get peace of mind in the interim]
10. Generally fund by reallocating a small portion of your investments rather than from cash flow