Why Summer Is the Best Time to Buy Life Insurance

To borrow the words of an old song, summer is here and it’s time to… buy term life insurance.

why is that? Well, we have several reasons.

But really, there’s nothing wrong with the time to buy life insurance — for just less than you pay for your streaming service, you can get a policy that helps ensure your loved ones don’t die while you’re at it. Sustain financial hardship while not around. (Think about it: you pay for everything from your mortgage or rent to your groceries. If you can’t pay your bills, who will?)

But because summer is here, we thought we’d explain exactly why it’s a good idea to stop procrastinating and enjoy the benefits of a term life insurance policy.

It’s hot

Life insurance will keep your cool. Here’s how: You know how you sweat when you’re feeling panicky and terrified? Well, if you have a life insurance policy, you have one less thing to worry about — you know your family is financially protected in case the worst happens. Even better, you can get this protection for probably less per month than you paid for your last family pizza dinner or ballpark deal.

look? You already feel cool.

hot part two

In spring or fall, you’ll take a long walk in nature, enjoying the sights and smells of budding and/or dying leaves. Come summer, though, it’s all about the air conditioning. You might as well take a few minutes to apply for life insurance while you’re in there anyway. Thanks to Haven Life’s simple online process, you might be able to get coverage in minutes—or roughly how long a walk on a hot block takes to cool off.

summer friday

If you’re lucky enough to take a half-day vacation every week (or even weeks), you know how easy it is to waste those precious afternoons scrolling or playing Wordle.

Want to do something more productive during that time? Try applying for life insurance. It only takes a few minutes and discounted rates are available to healthy and eligible customers. For example, a healthy 30-year-old male could get a $500,000 policy for 30 years for just $29.99 a month.

Or, if you have already applied, now is a good time to schedule a medical exam.

Trust us: Wordle will wait.

summer vacation

You know what that means: relaxation, exploration, and of course, an increased chance of dying.

In 2021, an estimated 42,000 Americans will died in a traffic accident. If you’re hitting the road this summer, there’s a non-zero chance that this will be your last drive. (What can we say? We spend a lot of time with actuaries.)

But that doesn’t mean there’s nothing you can do. Fasten your seat belt, for example. Second, consider getting your life insurance policy leveled so that if something happens, your family will be covered by the policy’s death benefit. (See also: Other high-risk summer activities like setting off fireworks, swimming in a lake, enduring bites from disease-carrying mosquitoes, choking on popsicles…)