Common Life Insurance Mistakes | Avoid Costly Errors

Life insurance is one of the smartest investments you can make for your family’s future. But even with the best intentions, people often make mistakes that can leave their loved ones vulnerable or cause them to pay more than necessary.

Mistake 1: Waiting Too Long to Buy

Every year you wait, your premiums go up — and health issues can limit your options. The best time to buy is when you’re young and healthy.

Mistake 2: Buying Too Little Coverage

It’s tempting to choose the cheapest policy, but if it doesn’t replace enough income or cover major expenses, your family may struggle financially.

Mistake 3: Relying Only on Work Coverage

Employer-provided policies usually cover just 1–2× your salary and end if you leave your job. Supplemental coverage ensures continuous protection.

Mistake 4: Forgetting to Review Your Policy

Life changes — marriage, children, home purchase, career moves — all require coverage updates.

Mistake 5: Shopping Only by Price

The cheapest policy may come from a company with limited benefits or poor service. Consider value, flexibility, and financial stability.

📞 Avoid costly mistakes with guidance from Imperial Insurance Team — call (984) 296-4977 or email info@imperialinsuranceteam.com.