Term Life Insurance For Those 40 years Old And Over

The Dos and Do Nots of Choosing Life Insurance Over 40 Cover…

Having life insurance is an important part of a financial plan, especially for those individuals over the age of 40.

life cover over 45 pictureTerm life insurance in particular creates an estate for family members and loved ones that will allow them to pay off any final expenses and funeral costs without being burdened.

In general, a family’s primary bread winner should be covered, especially during the years when dependents rely on them most. Here are some things to keep in mind when choosing to purchase a term life insurance policy over the age of 40.

Important Do’s of Term Life Insurance

When looking into term life insurance policies, there are many things that need to be considered. Policy seekers should take into account that this insurance will support their family when they pass away. One of the most important things to do is make sure the life insurance will cover all of one’s needs.

Account for things like outstanding mortgages, funding education for children, and personal loans. It is also important to purchase a plan that will provide seven to ten years of income for the family. Claybrooke Life Insurance can help policy seekers choose the right plan for them at an affordable price.



Another important thing to do when purchasing term life insurance is not to wait. Many people may believe that purchasing insurance at this point in one’s life is too soon, and that they should wait until they are in their older years.

The truth is, the younger and healthier a person is the easier it is for them to secure coverage, not to mention their premiums will be much lower. Ideally, the purchase of life insurance should occur as soon as a primary breadwinner has dependents relying on them for support to make sure they are protected in the event of untimely death.

Term Life Insurance Do Nots

Although buying life insurance is a great step in protecting a family for the future, there are some of which a person should be aware. Something that many individuals do is buy a life insurance policy and forget about it, filing it away in a drawer never to be thought of again.

This is something no one should do. Life insurance policies should be reviewed annually to make sure the coverage that is being provided is still adequate and to know when the terms of the policy will run out. Claybrooke Life Insurance can help policy holders review their coverage and offer them a number of affordable options for the future.

Another important thing not to do when thinking about term life insurance is to procrastinate. Human nature dictates avoiding situations that may be uncomfortable to discuss, such as what will happen when someone passes away.

Truth is, it is better to have a financial plan in place that includes life insurance during one’s 40s. This will not only help keep the cost of insurance premiums down, but will also cover the needs of dependents when they need them most. We provide a number of options and are happy to help anyone make the best decision for themselves and their family.



Even though many believe 40 is too young to purchase life insurance, it is the prime age to attain coverage that is affordable and will protect one’s family. Term life insurance is a great choice for these individuals and making sure to take into account factors such as outstanding debts and funeral costs will help to make an educated decision on what life insurance policy may be best.

Claybrooke offer a number of great insurance options at affordable prices and can help those in their 40s make the best choices for their future.