Posted on July 8th, 2025

Shopping for life insurance in Maryland can feel overwhelming, especially with so much misinformation out there. Whether you're a young professional, a parent, or preparing for retirement, getting clear answers is critical to making the right decision.

In this post, we answer the top 7 questions you should ask before buying life insurance while also debunking common myths that often hold people back. If you're searching for affordable life insurance in Maryland or simply want to understand your options, this guide is for you.

Ready to explore personalized options? Visit Global Insure to learn more or get a quote.

1. “Is Life Insurance Only for Older Adults?”

Myth: You don’t need life insurance until you’re older.

Fact: Buying early saves you money. When you’re young and healthy, premiums are significantly lower. Waiting until you’re older or diagnosed with a condition can increase costs or even limit your options.

Start early for maximum affordability and flexibility.

2. “Do I Need Life Insurance If I Don’t Have Dependents?”

Myth: If no one relies on your income, life insurance is unnecessary.

Fact: Life insurance can still serve several important purposes:

• Pay off shared debt (like student loans with a cosigner)
• Cover funeral expenses
• Leave a legacy or charitable donation
• Provide financial security for aging parents or future dependents

Life insurance is about future planning not just current obligations.

3. “Is Employer-Provided Life Insurance Enough?”

Myth: Group policies through work are all you need.

Fact: While employer life insurance is a great benefit, it often covers only 1–2x your salary far less than most families need. Plus, you typically lose coverage when you leave your job.

Supplement your group plan with a personal policy you can control and keep.

Compare policy types on our Insurance Services.

4. “Are All Life Insurance Policies the Same?”

Myth: Life insurance is one-size-fits-all.

Fact: There are two main types of policies:

• Term life insurance (temporary, more affordable)
• Whole life or permanent insurance (lifetime coverage, cash value accumulation)

Each has benefits depending on your needs, budget, and goals.

Ask yourself: Do I want low-cost protection for a fixed period or a long-term investment in legacy planning?

5. “Is Life Insurance Too Expensive?”

Myth: Only high earners can afford good coverage.

Fact: Most people overestimate the cost by up to 3x. Term life insurance for a healthy 30-year-old can be as low as $15–$25/month.

Here’s what affects price:

• Age
• Health
• Policy type
• Coverage amount

Get a quote—it’s likely more affordable than you think.

Talk to a licensed broker at Global Insure for a free, no-pressure estimate.

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Don’t let myths prevent you from protecting your family. Explore Affordable Insurance Plans and get peace of mind today.

6. “Can I Skip the Medical Exam?”

Myth: A medical exam is required for all policies.

Fact: There are no-exam life insurance policies that offer fast approvals, though they may come with higher premiums or limited coverage.

If you’re healthy, a traditional policy with a medical exam often offers better long-term value.

7. “Does Life Insurance Cover Pre-Existing Conditions?”

Myth: You’ll be denied coverage if you have a health condition.

Fact: Many companies will still insure you just possibly at a different rate tier. It’s all about finding the right fit for your health profile and goals.

Work with a licensed broker who understands underwriting and can find a policy that works for you.

Our team at Global Insure can help you navigate options with compassion and transparency.

Maryland-Specific Life Insurance Tips

If you're buying life insurance in Maryland, here are a few key considerations:

• Work with local brokers who understand state-specific regulations and tax implications
• Review your beneficiary designations and keep them updated
• Consider the impact of Maryland’s estate tax threshold on larger policies

We specialize in helping Maryland residents secure the right life insurance at the right price.

Know the Facts Before You Buy

The bottom line? Life insurance is a powerful financial tool, but it's often misunderstood. By asking the right questions and debunking life insurance myths, you can make smarter choices to protect your future.

Whether you're planning for a family, managing shared debt, or building a legacy, Global Insure is here to support you with affordable life insurance in Maryland tailored to your needs.

Call to Action

At Global Insure USA, nestled in Laurel, Maryland, our approach is not just to provide insurance but to be that guiding friend, easing your journey toward understanding and securing the right policy. We offer more than just policies; we offer clarity, which helps you sort fact from fiction and find a policy that suits your unique needs.

Ready to take the next step?

Reach out to us at (410) 507-7781

Get your life insurance quotes in seconds. Protect what matters—your future starts here.