Mark Thompson, just 42 and seemingly the picture of health, left his family in shock when he passed away suddenly at his desk a few weeks ago. No warning signs, no health issues – just a man living his life, until he wasn’t.
The fallout was, as you can imagine, brutal. Mark’s wife, Sarah, now found herself not just dealing with an emotional catastrophe, but a financial one. Three kids, a mortgage, and not much in the bank.
Sarah has no hope of making the mortgage on her salary alone. Now their house is no longer a home; in the blink of an eye, it’s transformed into a ticking financial time bomb. And two of their kids will be starting college soon.
Now what?
Except for the names, the story you just read is true. It just happened in my family; maybe it has in yours as well.
Life is fragile. There’s nothing you can do about that. But there is something you can do to protect the people you love.
It’s called life insurance.
Not everybody needs it
Not everybody needs life insurance. For example, I don’t. I’m in my sixties, with savings adequate for my funeral expenses and to leave a small legacy for my loved ones.
In short, while I hope my death will cause some emotional pain, it won’t cause anyone financial pain.
So, if you’re like me, you don’t need life insurance. But if you’re more like Mark Thompson, you should at least check it out. You can do that here, or many other places.
Shopping for life insurance used to be a long, complicated process. Now? Not so much. You apply online in minutes without getting off the couch. In some cases, there are no medical exams, no blood tests. You can get term life insurance ranging from $20,000 to $2 million. And it may cost as little as $7 a month: less than you might be spending now on coffee.
Is life insurance worth it for you? That’s for you to decide. But it’s certainly worth taking a minute to find out. Isn’t it?
And if you’re somebody like me who doesn’t need insurance, you know somebody who does. Share this story.
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