September 2025 Newsletter: Life Insurance Awareness Month – Myths Busted
September is Life Insurance Awareness Month (LIAM), and at L Hamilton Financial Group (LHFG), we want to clear up some of the most common misconceptions about life insurance. Life insurance is one of the most important financial tools for protecting your loved ones and your future—but too often, myths prevent people from getting the coverage they truly need.
Here are four common myths about life insurance—and the truth behind them:
Myth #1: 💰 Life Insurance Is Too Expensive
Truth: Many policies cost less than your daily coffee ☕. Term coverage can be surprisingly affordable, and there are options designed to fit different budgets. The key is to work with an experienced advisor who can customize a policy that works for your financial goals.
Myth #2: ⚰️ It’s Only for When You Pass Away
Truth: Many modern life insurance policies include living benefits 🌱. These benefits allow you to access a portion of your death benefit if you experience certain qualifying medical events. That means life insurance can provide security during your lifetime—not just after.
Myth #3: 🏢 My Work Coverage Is Enough
Truth: Employer-provided policies often only cover 1–2 years of your salary 💼. For most families, that isn’t enough to maintain their lifestyle, pay off debts, or cover future expenses like college tuition. Having an individual policy ensures long-term financial protection beyond what your employer offers.
Myth #4: 🏃 I’m Young and Healthy, So I Don’t Need Life Insurance Yet
Truth: Life insurance is more affordable when you’re young and healthy 💪. Locking in coverage early can save thousands over your lifetime and guarantees you’re protected before any health issues arise.
Don’t let myths keep you from protecting what matters most.
If you’re ready to explore your options, our experienced team at LHFG is here to help you find affordable, personalized coverage that fits your needs.
👉 Contact us today to schedule your free consultation!
or call us at (806) 355-1616.