Safeguarding Your Tomorrow
The insurance introduction
What is insurance?
Why's it so important?
Peace of mind
Protecting loved ones
Important insurance reminders
In these different types of insurance below, I will also give an average price for a certain age to help you understand the cost, even though it will always vary for your current situation.
The company you work for may offer different types of insurance, like health and dental, as benefits for working with the company.
Different types of insurance
Cost example: The average monthly vision insurance for a 25 to 34-year-old is $17 monthly.4
Cost example: The typical premium amount for a dental plan may be $20–$50 per month for an individual regardless of age.5
Cost example: On average, 25-year-olds pay about $2,019 per year or $168 monthly for whole coverage car insurance policies.7
Cost example: Homeowners insurance nationally costs an average of about $152 monthly regardless of age.8
Cost example: Renters insurance costs about $12 monthly regardless of age.9
Cost example: Term life insurance costs $26 per month on average for a 30-year-old with a $500,000 coverage amount.10
Cost example: An income of $50,000 will cost, on average, $60 – $125 per month. Long-term disability insurance typically replaces 40% to 65% of your pre-tax earnings.12
Protecting what matters to you
2 Masterson, Les. “How Much Does Health Insurance Cost in 2023?” Forbes, Forbes Magazine, 23 Aug. 2023, .
3 Hartill, Robin. “Why You Need Insurance.” NerdWallet, 25 Aug. 2023, .
4 Glover, Lacie. “Vision Insurance: Costs, Benefits and Who Needs It.” NerdWallet, 10 June 2022, .
5 “How Much Is Dental Insurance.” Humana, . Accessed 11 Sept. 2023.
6 “What Is Comprehensive Insurance vs. Collision Coverage | Allstate.” Allstate, . Accessed 11 Sept. 2023.
7 Leovic, Dillon. “Car Insurance Costs for 25-Year-Old Drivers – Valuepenguin.” ValuePenguin, . Accessed 11 Sept. 2023.
8 Schlichter, Sarah. “How Much Is Homeowners Insurance? Average September 2023 Rates.” NerdWallet, . Accessed 11 Sept. 2023.
9 Schlichter, Sarah. “How Much Is Renters Insurance? 2023 Rates.” NerdWallet, . Accessed 11 Sept. 2023.
10 Murbach, Katherine. “Life Insurance Rates – $500k Term Policies Start at $300/Yr.” Policygenius, . Accessed 11 Sept. 2023.
11 Moser, Jessica. “Do I Really Need Disability Insurance?” MetLife, . Accessed 11 Sept. 2023.
12 “How Much Does Disability Insurance Cost?” Life Happens, 5 Aug. 2020, .