September is Life Insurance Awareness Month!!
The topic of life insurance isn’t an exceptionally popular one, but it is an exceptionally important one! When you fully understand what it can do for you and your loved ones, you will realize what a truly amazing vehicle it is!!
When you buy life insurance, you are buying an intangible that may not “pay back” for many years down the road. That’s the way most life insurance works. However, there is a new kind of coverage that can help to pay costs if you develop a terminal, chronic or critical illness, long before you die! It’s a modern concept that can be a “win-win” for most people.
If anyone you love depends on you, not having life insurance if you pass away could be devastating for them. Not only would the death itself be heartbreaking, but what kind of life might they have if your income is gone? Even if final expenses weren’t a concern, paying medical bills might be. And what about paying the rent or making the house payment? How about making the car payment or paying the utilities bill. This list could go on and on.
Remember that life insurance isn’t for you. It’s for the people you love. These days, there are many different types of life insurance with varying costs. Many policies can cost less than $1.00 per day! Saying you can’t afford life insurance isn’t a valid reason for not putting a policy in place for the people who are important to you. If you care, find a professional who can help you identify the policy that is right for you. Knowing you have resolved that need will give you tremendous confidence.