Skip to content
News & commentary

The best time to get Insurance is before you need it

Home News & Commentary The best time to get Insurance is before you need it
Jon Glougie

Jon Glougie

Many people think that they should wait until they are older to get life insurance, or they may think that they will wait until they feel they are closer to using insurance before they apply for it.

Just remember, if you are healthy now, and less likely to make a claim on any insurance, you are better off to apply for the insurance now. The insurance company will view you as less of a risk to insure, and this will be reflected in your monthly premium rates.

If you wait until you are older or until you have a health scare, you may find that the cost of insurance becomes expensive, or you may not even qualify for it any more. It’s not always the most pleasant conversation. There aren’t too many people that enjoy talking about death, injury and/or illness, but it’s definitely a conversation that’s worth having before you ever think you may need to.

If you would like to discuss any aspect of your insurance, estate or risk needs, please contact Jon Glougie.


This information has been prepared by Luft Financial. Opinions expressed in this article are those of Luft Financial only and do not necessarily reflect those of HollisWealth®. Furthermore, this does not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors.

How do we elevate your wealth?

It begins with understanding your needs and creating a comprehensive and tailored financial plan to help reduce tax, manage risk and grow your portfolio over the long term. Learn more about how we help you achieve financial security and peace of mind.

News & commentary

February 2021 Portfolio Management Team Update

Market & Economic Environment The record-setting rally in global equities came to a temporary halt in the last week of January, as stocks posted their worst weekly performance in three months. Investors were unnerved by surging prices for the most heavily shorted stocks like GameStop, on concern that hedge funds would have to reduce their […]

Read more
Permanent Life Insurance… an effective estate transferring strategy

Your New Client Portal starter’s guide

The Client Portal offers a simple and convenient way for you to view your investment portfolio anytime, anywhere. Please review this guide and contact us if you have any questions. New Client Portal User Guide

Read more

When Will You Get Your Tax Slips?

There are different mailing dates for different account types. Please click on the link below to view the expected delivery for both mail and online tax slips and reports. 2020 Client Tax Slip Mailing Schedule Checklist

Read more