Article

The First Steps Matter: Life Insurance for Newly Weds

Posted on: 13th Jun 2019

There are a dozen and one thing that you would want to do as newly wedded couples but without mincing words, life insurance should be atop your priority list. When a man and a woman to decide to spend the rest of their lives together, it is usually one of the most life-changing decisions they would ever have to make in their entire lifetimes, as choosing a life partner is no small task. That being said, newlyweds must realize that their first steps matter and hence they must ensure they know what is a notary public and they must to very meticulous when making decisions early in marriage such as home insurance and this should also include the subject of life insurance.

 

A Typical Itinerary for Newly Weds.

Some of the things newlyweds have to immediately concern themselves with include;

  1. Accommodation; both parties may need to change their accommodation and this can become necessary due to various reasons. In retaining or changing accommodation, a couple usually takes into consideration the proximity between residence and place of work/business of both spouses, their preference in capacity(number of rooms), style, location, neighborhood, etc.

 

  1. Mobility; depending on the financial strength of the couple, they may also decide to get an automobile for one or both parties. Nonetheless, couples who are fortunate to have one or more cars may also decide to change (upgrade) to a new car(s). It is the ford dealership that you need which helps you to upgrade to any car of your choice very easily. And with the availability of usage based uber insurance, they can get car insurance in no time.

 

  1. Savings; a couple that saves together, can take on the world together. It is highly imperative that couples figure out a savings system or plan that works for them.

 

  1. Insurance; as a bachelor or spinster, you may or may not have acquired for yourself a life insurance plan to suit your single status. However, now that you are married, there will be a need to make changes to your life insurance policy but only if you have purchased one earlier (due to the major changes in your life). If neither spouse has one, then it just might be time to consider one.

 

Life Insurance for Newly Wedded Couples.

Taking a cue from the to-do list above, it is quite pertinent for newlyweds to invest in life insurance. While we understand that you plan to live an illustrious, fun-filled and “long”-life with your spouse, one cannot allow his or herself to completely put off the possibility of circumstances that may be otherwise inevitable. For this reason, newlyweds must endeavor to look into different life insurance plans.

The average man wants to provide for his family and it is in everyone’s best interest if he is able to make provisions for his newly wedded bride by purchasing life insurance. Of course, this goes both ways, and we would like to encourage men who have made it their mission in life to provide for their spouse by all means necessary. In this case, “all means necessary” has to include life insurance.

Amongst other life insurance plans like joint life insurance; which covers both couples under one policy, and others like term life insurance and so on, African Alliance has one that can you do you better and this is the “African Alliance Money Appreciation Plan”.

The Money Appreciation Plan is what we would like to refer to as the best of both worlds. As newlyweds, this plan helps you to save and get life insurance all at once. No need to save elsewhere and get insurance from some other place as the “Money Appreciation Plan” is structured to give you the benefits of growing interests whilst still being awarded a life cover. Amazing isn’t it?! Find out more by clicking here: Money Appreciation Plan

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