Love Your Family with Life Insurance

Just saying “thank you” without giving a bit of thanks in return tends to lose its charm when we start to lose our first teeth.

When we’re young, it seems like our parents and older siblings are just relieved that we’re learning some manners to make up for our little paws swinging wildly from the chair under the table, narrowly missing people’s shins. (Hey, it’s hard to sit still at big family meals when you’re so young!) All the adults talking about distant jobs or how much you’ve grown wasn’t as stimulating as the tooth that had started to wiggle so little when you bit into a turkey … But at least you remembered to say thank you when someone passed the cranberry sauce!

However, as we got older, those conversations became easier to participate in as we shared our own stories, watched our extended family grow and mature, and then tried to get our children to say “thank you” when they received a gift from Un. relative they hadn’t seen in a year.

The most important lesson we learn about being grateful as we age? It is important to show the people we love how grateful we are for them, not just say it. We learn more about the responsibility we have to care for the people for whom we are grateful. And at this time of year, we can thank them by making sure they are financially prepared if we are suddenly no longer around.

Here are 3 ways you can thank your loved ones:

1. 1. Consider getting life insurance. Replacing lost income, covering funeral expenses, getting potential tax benefits, having early access to money – these life insurance benefits will give your loved ones some financial stability and let them know how grateful you were for them. However, many of these benefits may depend on the type of life insurance you have, so it is important to take the time to find the right type and amount of insurance for your particular needs and goals. Which brings us to the second way of giving thanks …
   2. Get the right type and amount of life insurance. Life insurance policies are not one-size-fits-all, so investing your energy in this step is a key way to thank your loved ones. Different types of policies have different types of coverage, benefits, and uses. Having the right policy with the right coverage is the key to protecting your loved ones in the event of a traumatic event, not just loss of life. Proper life insurance coverage can help support you and your loved ones in the event of an unexpected disabling injury, or if you need long-term care. Your life with your loved ones will not be the same for everyone, and your life insurance policy will not be the same either.
   3. List the correct beneficiaries on your policy. This question is particularly important if you haven’t reviewed or updated your beneficiaries in a while. Why? Because listing the correct payee will help ensure that any insurance payment will get through to you. You may need to review your policy beneficiaries if you have recently been married or divorced, had children, or even met a cousin over the holidays who would like to leave a little something for you!

If you can’t tell that the above 3 ways are how you are going to thank your loved ones this year, give me a call. I’d like to thank you for helping you with a new way of saying “thank you”: personalized life insurance!