{"id":1631,"date":"2022-11-17T10:15:13","date_gmt":"2022-11-17T10:15:13","guid":{"rendered":"https:\/\/fomomortgages.com\/?p=1631"},"modified":"2022-11-17T10:34:53","modified_gmt":"2022-11-17T10:34:53","slug":"dispelling-common-life-insurance-myths","status":"publish","type":"post","link":"https:\/\/fomomortgages.com\/dispelling-common-life-insurance-myths\/","title":{"rendered":"Dispelling Common Life Insurance Myths"},"content":{"rendered":"\n

There are a million and one reasons why people DON\u2019T think they need life insurance but are these myths or reality?<\/em><\/p>\n\n\n\n

A life insurance policy helps to protect your loved ones – ensuring they aren\u2019t left with significant financial burdens after you\u2019re gone. Makes sense doesn\u2019t it? However, we\u2019ve heard a million and one reasons why people DON\u2019T think they need life insurance.<\/p>\n\n\n\n

Here at FOMO we wanted to identify the most common myths and help to dispel them.
Prepare yourself for some serious reality checks!<\/p>\n\n\n\n

Myth 1 \u201cIt\u2019s too expensive\u201d<\/h3>\n\n\n\n

With some policies starting at less than \u00a35 per month (that\u2019s cheaper than most streaming services!), life insurance cover certainly won\u2019t break the bank for most people.<\/p>\n\n\n\n

Myth 2 \u201cLife insurance never pays out\u201d<\/em><\/mark><\/h3>\n\n\n\n

When applying for cover, if you answer all the questions truthfully there is little reason why your claim should ever be denied.<\/p>\n\n\n\n

Myth 3 \u201cI don\u2019t have children so it\u2019s not necessary\u201d<\/em><\/h3>\n\n\n\n

Having children is an important reason to get life insurance, but it\u2019s not the only one.<\/p>\n\n\n\n

If you have a mortgage, but not life insurance, your partner – or those closest to you, might have to take on the payments after you are gone.<\/p>\n\n\n\n

Myth 4 \u201cI\u2019m young, fit and healthy so I don\u2019t need cover\u201d<\/mark><\/em><\/h3>\n\n\n\n

Even if you\u2019re young and are in good health, if something were to happen to you, your loved ones will still have to cover the costs or any outstanding bills, your mortgage or rent and your funeral costs.<\/p>\n\n\n\n

Plus, life insurance can be considerably cheaper when you\u2019re younger.<\/p>\n\n\n\n

Myth 5 \u201cI\u2019ll need regular health check-ups if I get covered\u201d<\/em><\/mark><\/h3>\n\n\n\n

When applying for life insurance you\u2019ll be asked a few health-related questions such as if you smoke, have any pre-existing medical conditions or whether any conditions run in your family. In certain circumstances, you may also be asked to provide a health report or undergo an initial medical exam.<\/p>\n\n\n\n

But, once your policy is in place you will not be required to provide or undergo any regular health check-ups!<\/p>\n\n\n\n

Have a Question?<\/mark><\/h2>\n\n\n\n

If you have concerns about life insurance or would like to dispel the myths why not submit a form for a quick chat with one of FOMO\u2019s friendly advisors? Just click here.<\/mark><\/a><\/p>\n\n\n\n

With over 7000 UK clients and 20 years of experience, we\u2019re really excited to be supporting our customers with Life Insurance cover.<\/p>\n\n\n\n

We have access to an expert panel of insurance providers, with excellent claims experience, to help ensure your loved ones aren\u2019t left with significant financial burdens after you are gone.<\/p>\n","protected":false},"excerpt":{"rendered":"

Discover whether remortgaging could be right for you, plus a clever extra option.<\/p>\n","protected":false},"author":4,"featured_media":1634,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[8,15,14,9,11,16,13,12,10],"class_list":["post-1631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-resources","tag-charities","tag-counselling","tag-environmental","tag-ethical","tag-finances","tag-mentalhealth","tag-mortgagebroker","tag-mortgagerates","tag-savetheplanet"],"_links":{"self":[{"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/posts\/1631"}],"collection":[{"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/comments?post=1631"}],"version-history":[{"count":2,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/posts\/1631\/revisions"}],"predecessor-version":[{"id":1633,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/posts\/1631\/revisions\/1633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/media\/1634"}],"wp:attachment":[{"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/media?parent=1631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/categories?post=1631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fomomortgages.com\/wp-json\/wp\/v2\/tags?post=1631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}