Life Insurance Myths That Need to Be Debunked in 2025 Life insurance is often misunderstood — and these myths can stop people from getting the protection they need. In 2025, with more options than ever before, it's time to separate fact from fiction. Myth 1: I’m Too Young for Life Insurance Reality: The younger you are, the cheaper your premiums. Getting coverage early can lock in low rates and protect your family from unexpected tragedies. Myth 2: Life Insurance Is Too Expensive Reality: Term life policies can cost less than $1 per day. With online quotes and policy calculators, it’s easier than ever to find a plan that fits your budget. Myth 3: I Don’t Need It If I’m Single Reality: Even single people may leave behind debts, medical bills, or dependent parents. Life insurance can also help fund funeral costs or leave a legacy. Myth 4: My Employer Coverage Is Enough Reality: Most workplace policies offer 1–2x your salary, which may fall short. Plus, the coverage usually e...