Who needs life insurance ?
If you don’t know the answer to that question or are a bit confused as to what life insurance really is then this is a must read for you. I, not to many years ago, was not sure what life insurance was or if/why someone really needed it. Back in 2006 my husbands father passed away, and he did not have life insurance. This put a big strain on my husband and his only other sibling. Not only financially, but also mentally because they didn’t understand why their father would not have chosen to carry life insurance to make sure things were covered upon his passing. Well, he didn’t carry life insurance because he lived life day to day and didn’t expect to leave us so soon. It was a hard lesson to learn for us but after that we realized that it is very important to have life insurance to make sure our loved ones left behind don’t have to carry the financial burden of funeral expenses and all the other things that might arise when we are gone.
My husband has life insurance thru his work and he also has a small policy on myself and our son. But, being that my husbands company offers such a small policy on spouses we decided that it was in our best interest to find a great life insurance policy for me. Genworth Financial is a great place to find resources and such for work at home parents like myself. Even though I don’t have a 9-5 job outside the home I do bring an income in that helps to support my family. If something should happen to me the bills would still be here but my income would be gone. That is something not many people think about. Also, being an at home wife/mom I do many things to keep the house running smoothly that in the event of my absence would need to be done by someone else which would cost money. So, it is very important to me to make sure I put no burden on my loved ones in the event something might happen to me.
Do you have life insurance for yourself or family members? If not, maybe it is time to consider looking into it. Life insurance is very reasonable, and give piece of mind.