“Why do you always talk about life insurance?”

“Why do you always talk about life insurance?  I get it!  I get it!  I will look into it in a few months…”

Hopefully, you read this blog past the first sentence.  Because it is really important.

Most people understand that they need life insurance other than what they get through work, but they don’t want to think about it.  Or they think it is a hassle to go through the process.

Ask anyone that has lost a parent or spouse earlier than expected knows how much having life insurance changed their lives (or could have changed their life).  Allowed them to go to college.  Pay for the mortgage.  Pay for someone to watch the kids so the surviving spouse can continue to work.

Over the past few months, I followed the case of a local family on social media.  This family was one of those special families that brought in foster children.  Eight of them.  Unfortunately, the wife developed an aggressive form of cancer and was going through treatment.  The husband struggled keeping up with the housework, managing the big family, and all of the doctor/hospital visits for his wife.  The community rallied around this family and helped out with meals and chores.  Eventually, the wife was given a couple months to live.  The husband wanted to take the family on one last vacation together while his wife was able to.  Unfortunately, his wife passed two weeks later and they couldn’t make the trip.

She passed away without life insurance.

My wife’s cousin had a baby at age 19.  Unfortunately, the father did not stay around and moved to a different state.  During her pregnancy, she was diagnosed with a brain tumor.  The doctors carefully treated the brain tumor during the pregnancy and luckily a healthy baby girl was born.  The bad news was the brain tumor grew aggressively and was not treatable.  The mother died when her baby was 18 months old and the father was not in the picture.  The grandparents were now going to raise their granddaughter.

She also passed away without life insurance.   

So why do I constantly talk and write about life insurance?  I do because I see how families struggle tremendously when a loved one passes away early when a simple life insurance policy would have saved the anguish.  Life insurance helps the survivors in your family keep moving forward in their lives.  Your family can stay in their own home.  Pay off your medical bills.  Pay off your student loans.  Pay off your car loan.  Put yourself and family members through grief counseling.  Allow you to take some extra time off of work to grieve.

And there are living benefits too!  When diagnosed with a terminal illness, many life insurance policies have a living benefits rider.  This means that the policyholder can use a portion of their death benefit to pay for that last “bucket list” trip with their family.  It can help pay for experimental treatment in a different state that is not available locally that just may save their life.

You may have life insurance through work.  And that is great.  But it is not enough.  And if you get sick… like life-threatening sick- you may not be able to work any longer.  If you change jobs (or lose your job), your benefits will end or change with the new employer.

The best thing to do for your loved ones is to buy a life insurance policy outside of your employer.  And the earlier in life you purchase this policy- the better (and less expensive).  Because honestly, you could be walking down the street minding your own business and get hit by a car.

It makes all the difference in the world.  Life insurance is love.

TRG Communications Team

This account is for posts from The Richards Group Communications Team.


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