Why Procrastinating on Life Insurance Could Be Costly?

1. The Psychological Barrier: Why Do People Procrastinate?

• Discuss reasons like discomfort with the topic of death, feeling too young or healthy to need it.
• The illusion of "plenty of time" and how life’s unpredictability doesn’t align with that notion.

2. The Consequences of Delaying Life Insurance

• Financial risks for family members if something happens unexpectedly.
• Higher costs associated with buying insurance at an older age or with health conditions.
• The false sense of security that existing savings will be enough.

3. Overcoming Procrastination: How to Get Started

• Simple steps to evaluate how much coverage is needed.
• Suggestions to start small or explore term life insurance as an affordable option.
• Importance of talking to a financial advisor or using online calculators to understand costs.

Conclusion:

• Emphasize that procrastination is natural, but the sooner you act, the better protected your loved ones will be.
• End with a call to action to take a first step, whether it’s researching policies or contacting a professional.