Life Insurance and Individuals In Their 30s

On behalf of Faricy Law Firm, P.A. posted in Life Insurance Claim Denials on Wednesday, February 1, 2017.

When a person is in their 30s, they might assume that they have a great deal of their life in front of them, and that thinking about what will happen when they die is something they can put off until later. However, no one is immune to tragic accidents or events that could end up taking their life early.

Now, there are certain things that may be able to help a 30-something financially protect their family in the event that the unexpected strikes and they die early. One is getting life insurance. So, life insurance is one of the insurance issues a person in their 30s may want to give careful thought to.

As a recent Business Insider article noted, many things can impact whether a 30-something needs life insurance and what kind of life insurance would be right for them. This underscores that individual situation can matter quite a bit when it comes to matters related to life insurance.

Now, just as most people don’t expect to be facing death in the early end of adulthood, most people don’t expect to have to deal with a spouse’s death and making a life insurance claim in relation to such a death in their younger years. However, this is another situation that unexpected events could bring about early.

Now, when a younger adult is making a life insurance claim in relation to a spouse who was taken from them early, what happens with this claim could have major implications for their family. So, when such a person has their claim denied, they may be very worried about their family’s future and have many questions regarding their options. As with many things involving insurance, what options a person has when an insurance company denies a life insurance claim they made depends on their specific situation. Skilled insurance lawyers can give individuals subjected to such a denial legal guidance tailored to their situation.

Source: Business Insider, “Here are the exact types of insurance you should buy in your 30s,”
Emmie Martin, Jan. 31, 2017

Practice Areas: Life insurance claim denials