Everyone Needs It...
Life Insurance can help you create a Living Legacy.
Happy February! I'm glad we have thawed out and can expect more sun in the future! My kids loved the snow (well....Ice, but don't tell them) and I'm just glad our electricity stayed on this year!
February is "Insure Your Love" month, so I wanted to talk to you about Life Insurance. Below are the excuses I hear most for why people don't want/need Life Insurance. The truth is that it is more important that you think and everyone should have a policy in place, no matter how young they are or their job. I'd love to talk to you about creating a Living Legacy for your family.
"We Follow Dave Ramsey and he doesn't believe in Life Insurance..."
| I too like Dave Ramsey and believe a lot of his teachings are very valuable to follow. What he does say about Life Insurance is to buy Term Life and invest the rest. The problem is that most people who say they follow him do the first one, but they don't "invest the rest". We can put a plan in place that you feel comfortable with to help you achieve your saving goals. |
"I Have Life Insurance Through Work"
It's wonderful that your job offers you this option. Something very important to keep in mind, however, is that you won't work there forever, and even if you retire there, most of the time you then lose that policy. I get calls all the time from people ready to retire who are then looking for a life policy at age 60+, and it's just not affordable. It is VERY IMPORTANT to have a Life Insurance policy that YOU OWN!! You don't want to feel stuck at a job you don't like simply because leaving means you would be giving up your life insurance. Or worse yet, what if the company decides to down size with no notice, you may be older or have an underlying condition that keeps you from being able to get life insurance at that point. Don't wait, it's more affordable than you think.
"My wife doesn't work, so she doesn't need life insurance...."
Many studies have been done to determine what the actual value is of a stay at home mom, after all, she is the chef, chauffeur, maid, laundromat, nurse, bedtime story reader, hug giver, you name it, Mom does it! Most figures come in at just over $1 million per year in what it would take to replace the work a mom does. A life insurance check would mean the difference in you being able to hire some things done and spend time with your kids OR your mom or mother in law moving in! Ok, so maybe not that last part. But, it's very important to make sure every person in your family is protected with Life Insurance.
Create a Living Legacy....one decision can change the future!
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