Flowers, candy, a show, a romantic night out alone are all wonderful ways to express your love for that special someone in your life. But have you considered what would happen to your family if you didn't wake up one morning or didn't make it home from work one day? There are many families who haven't given this much consideration and the consequences could be devastating. To raise awareness February has been designated "Insure Your Love" month. I know this may sound like a ridiculous idea for a Valentine gift, but please stick with me just a little longer while I explain how life insurance is actually one of the best gifts you can give to those who mean the most to you.
When we lose a spouse, parent, child, sibling, or any significant other there are many things we must do immediately and over the next few weeks -- approximately 39 tasks, many requiring multiple steps to complete. These are overwhelming, especially at such an emotional and stressful time. Who wants to add fund raising to the list? You see it all the time -- the people at the corner with a can collecting money, the GoFundme posts running through your Facebook feed, the baskets passed around at church for the second collection. No thank you! Anyone who has ever had this experience will never forget it. These folks come away with a heightened appreciation for life insurance and forever view it as a top priority. They never want to leave their loved ones to go through that.
Life insurance is one of the best gifts to give your loved ones because it can be a gift that keeps giving. If you are married, cohabitating, co-parenting, or have children and you pass away the income you contributed to their livelihood will suddenly vanish. Would they be able to pay the bills without your contributions? Would the family home be repossessed because your survivor/s can't pay the mortgage? Would someone lose their car? Our debts don't go away when we die, they come out of our estate before anything is released from probate to our families. The cost of living doesn't change significantly with one less person in the household and the survivor/s must pick up the slack somehow. All of this during the most intense phase of the grieving process. However, life insurance can provide a stream of income and/or a lump sum payment to reduce or remove the financial burden.
What if I told you life insurance often costs less than you spend on a few coffees each month? For example, a 34 year old, non-smoking female with average health could get $1 million policy for less than $11 per week. Not everyone needs or wants a policy of that size, but it serves as a good example of how affordable it can be to protect your loved ones. There's generally no excuse not to do the right thing and protect your family. At the very least, everyone should have enough coverage in place to pay for their burial. No one should leave that kind of expense for someone else to figure out. It's just not fair, kind, or loving.
There are many different kinds of policies to choose from and each person's needs are unique so it's important to let a licensed agent help you determine what would be best for you. Life insurance isn't something you should buy without help from an expert. It costs the same to you whether you have an agent or not, so why not let someone with expertise and experience help you make the best decision possible?
So, go ahead and order the flowers, pick up a card, reserve a table at that nice restaurant, treat your love to a romantic night out, or book that weekend getaway but first call today to schedule an appointment to Insure Your Love!
As a free gift to you this Valentine's Day I have a complimentary, state compliant living will and a packet for organizing your personal affairs I will give to you at our initial appointment! Just be sure to mention reading this blog when you contact me.
Happy Valentine's Day everyone!