Why Life Insurance is So Important to Your Family

Why Life Insurance is So Important to Your Family

• There is one topic that nobody likes to talk about: the brutal reality of death.

• When we are young we don't think that anything is going to happen to us. It always seems to happen to someone else. The reality is that anything can happen to any of us, at any time, at any age. Most of us know someone who has experienced death through a family member or close friend. But when you hear that someone has died, do you ever wonder if they had life insurance? Do you think about the family left behind? We all feel better knowing that loved ones won't have to worry about their financial future. However, what about those that didn't have life insurance? What will their family be faced with now?

• Just imagine if the family could not afford the costs involved in a funeral. In that situation, the family would be expected to take out a loan to pay the last expenses. Now imagine if the family is not in a position to be approved for a loan? Then what? How are they going to pay? Funeral services can cost anywhere from a few thousand dollars and up. The average funeral costs are typically around $10,000. Without life insurance to relieve this financial burden, the family has some tough choices to make. They are already distraught and not thinking clearly after the loss of a family member, and now they have to make a decision that will affect their financial future for a long, long time. Leaving a family in this position is simply not showing them the love and respect they deserve.

• On top of the funeral expenses, the family is now left with all of the daily living expenses that have been acquired. Are they going to be able to afford to maintain what is on their plate now and in the future without the financial contribution they are accustomed to? If there is a mortgage, and the family left behind cannot afford the mortgage payments, the bank or mortgage company will start foreclosure proceedings with the courts. Depending on where they live, they will only have from 45 days to 6 months before they are evicted. A simple solution to avoid this mess is to have life insurance coverage. For this reason, we strongly advise getting life insurance quotes today, not tomorrow. Your family's way of life may depend on it some day.

• There are indeed some brutal realities many families have had to face because they didn't have life insurance. Don't let this happen to your family. Life insurance is a privilege that you can pass on to your family. It will be the last thing you will ever buy for them (after all, it's for them, not for you). Your family deserves to have their dignity left intact, and you deserve to be buried with dignity. Having life insurance gives you to peace of mind and allows your family to live comfortably.