Take Control With Life Insurance
In today’s world there’s a lot of uncertainty. So much of what’s happening is out of our control, so it becomes our mission to find something we can really count on—things that are a certainty such as all the people we love and who love us back. But we can also count on something else—actually it’s the guarantee we get with our birth—someday we won’t be around anymore.
The responsibility toward your loved ones doesn’t end with your death. It’s so important to be prepared for what your death could do to your family. The point is that if we knew how and when we would be leaving this world, we would make better financial plans. We all work to earn money, and most times that money is needed to support the lifestyle we’ve chosen. Why, then, is so little thought given to what happens if the person earning the money is suddenly gone or disabled?
Life insurance is the one product for which clients will definitely make a claim. Too many people are indifferent to its importance as a replacement of income. The only other policy that’s just as important—if not more so—is a disability income policy. Premiums for life and disability insurance should be planned for, just as your utilities and groceries, and should be a permanent part of your budget. Think about how much money you spend on things that aren’t exactly needed, then think about diverting some of that money to buy a product that’s going to guarantee financial security for your loved ones.
If you’ve already done an analysis of your needs and taken out the necessary policies, make sure your policies stay in force or they won’t do anyone any good. The number one rule when buying insurance is to make sure the premium is an amount you can pay comfortably. Also, be sure the beneficiary is the one you intend it to be, especially if your life or marital status has changed.
Give some thought to the difficult situations your loved ones could face if something happened to you, and then do what you can to make sure they don’t have to. TPW
The responsibility toward your loved ones doesn’t end with your death. It’s so important to be prepared for what your death could do to your family. The point is that if we knew how and when we would be leaving this world, we would make better financial plans. We all work to earn money, and most times that money is needed to support the lifestyle we’ve chosen. Why, then, is so little thought given to what happens if the person earning the money is suddenly gone or disabled?
Life insurance is the one product for which clients will definitely make a claim. Too many people are indifferent to its importance as a replacement of income. The only other policy that’s just as important—if not more so—is a disability income policy. Premiums for life and disability insurance should be planned for, just as your utilities and groceries, and should be a permanent part of your budget. Think about how much money you spend on things that aren’t exactly needed, then think about diverting some of that money to buy a product that’s going to guarantee financial security for your loved ones.
If you’ve already done an analysis of your needs and taken out the necessary policies, make sure your policies stay in force or they won’t do anyone any good. The number one rule when buying insurance is to make sure the premium is an amount you can pay comfortably. Also, be sure the beneficiary is the one you intend it to be, especially if your life or marital status has changed.
Give some thought to the difficult situations your loved ones could face if something happened to you, and then do what you can to make sure they don’t have to. TPW