Some things in life are pretty up in the air when you think about them: Am I going to get that job that I want? Does the object of my affection really like me? Do I have the right kind of pants on for this event? Will I be lucky in the next thing I try to do? These types of questions are all open ended, and many of these don’t come up with the kind of answers that we often want, but then such is life. There are still some thing in life that are certain, and like the old adage, they are death and taxes. It’s a bit of a morbid subject to be discussing but then, it’s a total and complete certainty of something that’s going to happen.
While we’d all like to think that we’ll all live on to a ripe old age and retire quietly on our front porch, the fact is that some things in life are uncertain and that sometimes, people do die unexpectedly. The best thing you can do to protect your family from an unexpected financial burden placed on them from your untimely demise is to ensure that you have life insurance all lined up for yourself, and to ensure that your level of cover is appropriate to what you want to have cover for. Here are five reasons why you need to ensure that you have life insurance.
Reason One: You might get really sick, and then recover and still get paid out.
There have been cases in the past where people who have been very ill and who have been given terminal death sentences through cancer, illness or other such medical problems have recovered and lived on beyond the projected period of time given to them. In such instances, the medical professional will dictate that it’s a death sentence as such, so that the health insurance will pay out for this person. Then if they continue to live on, they will still get the full benefit of the insurance without the downside (dying).
Reason Two: Your family will be protected financially after you are gone
This is a pretty grim turn of events, no matter which way you look at it, and so after you’ve finished contemplating your own mortality and have gotten over the fact that yes, one day you are going to die, it’s time to be practical about things. It’s hard to think about sometimes, but it’s even harder to think about the consequences of not getting your life insurance under control while you’re still alive and able to do something about it! Imagine if you didn’t get life insurance and suddenly passed away, meanwhile your wife has just had your second baby and she’s financially stricken. It would be horrible to consider, so get insurance sorted!
Reason Three: You’ll have much greater peace of mind
This is a good one. Nothing better than a bit of peace of mind when you’re contemplating staring into the void for all eternity; knowing that your family is well protected and cared for by your life insurance. Not to mention the awesome feeling you’re going to get knowing that after you’re gone that a big payout is coming the way of your family. It makes you feel accomplished and well equipped for the future knowing that you’ve taken care of your family in such a way.
By taking the time now you’re setting yourself up for the future, so just remember to look around at all of your options available and to be thorough in what you’re considering. After all, it’s your life that’s in balance here, so don’t short change yourself!