A lot of people see insurance as a necessary evil. You need it to protect your health, your home, and your car, but it’s just another bill that you have to pay every month. And let’s be honest, it’s not like you’re ever going to see that money again, right? WRONG. Insurance is an investment, and women over 50 need to invest in themselves.

How Insurance is an Investment

Your monthly insurance premium is like any other investment; you are paying into a pool of money that will be there for you when you need it. And just like any other investment, the sooner you start paying into it, the better because the earlier you start investing in your health, the more likely you are to stay healthy as you age.


Unfortunately, many women over the age of 50 let their insurance coverage lapse because they feel they no longer need it. They are no longer of childbearing age, so they don’t need maternity coverage. They are empty nesters, so they don’t need family coverage. And they think that because they are healthy now, they will always be healthy. But that’s not how insurance works. Insurance is there to protect you from the unexpected—the things that you can’t plan for.


Getting Started with Investing in an Insurance Policy

The first step is to choose the right type of policy for you. There are two main types of life insurance: term life insurance and whole life


Term life insurance is temporary and only covers you for a set period, usually 10-20 years. Whole life insurance, on the other hand, covers you for your entire life.

The next step is to figure out how much coverage you need. This will depend on factors like your age, health, lifestyle, and dependents.

Once you’ve chosen the right policy and figured out how much coverage you need, the next step is to find the right insurer. There are a lot of options out there, so it’s important to do your research and find an insurer that’s reputable and has good rates.

You can compare rates and policies online or talk to a financial advisor to get started.


Investing in an insurance policy is a smart move for any woman over 50. It’s important to choose the right type of policy for you and to find an insurer that has good rates. Once you’ve done that, you can rest assured knowing that you and your loved ones are taken care of financially in the event of an unexpected death or illness.


Investing can be a scary proposition, especially if you have never done it before. But there are plenty of resources available to help you get started, including online courses, books, and even podcasts.  Join me with my special guest Sabrina (Bree) Rogan from Experior Financial Group on Wednesday, March 15th where she will help us navigate this topic and give us the tools to get started investing in ourselves.