19/09/2025
✅ Benefits of Getting Insurance Early
1. Much Lower Premiums
• Insurance premiums are based on age and health.
• The younger and healthier you are, the less you pay—for the same amount of coverage.
Example: A ₱1 million life insurance policy for a healthy 25-year-old could cost half (or even less) than it would for someone age 40.
2. Easier Approval (Less Hassle)
• At a young age, you’re more likely to be approved without medical issues.
• Fewer tests, fewer questions, and less chance of being declined or rated up.
3. Long-Term Financial Planning
• Many plans (especially those that combine savings + insurance like endowments or VULs) work best if you give them time to grow.
• Starting early = more time for your money to build cash value, bonuses, or investment returns.
4. Protection Before It’s Needed
• Accidents, illness, or death can happen at any age.
• Having insurance early gives your family or future dependents peace of mind—even if you’re single now.
5. Lock-In Good Health Status
• Even if you develop health issues later, your existing insurance stays valid.
• If you wait and then get sick, you could be denied coverage, or only get very expensive offers.
6. Better Riders and Plan Options
• Some add-ons (critical illness, hospital income, waiver of premium) are only available if you’re young and healthy.
• Getting in early gives you full flexibility in designing your policy.
Whats NEXT?! Dm’d me now
Your License financial advisor
At PRULIFE UK
✨Mary Jane✨
License Financial Advisor at Prulife UK
you can EMAIL or Dm’d me directly
License; 70171783
Email; [email protected]
