Not Getting Life Insurance Is Selfish
I've got a sad story to share with you, but I want to tell it to you so that you understand how to avoid the mistake we made. Me and my spouse.
You should get some term life insurance quotes yourself. If you do get any life insurance through your work do not rely on it. It's good, sure, but it's not enough. We found out that just because people have live insurance doesn't mean they have enough. We used to be similar to that.
A while back, I decided to start my own business. The thought pleased my spouse. We made a lot of money in our highly demanding jobs, but there was no time for each other or the children. It would be best if either my wife or I could stay home so that she could join me if my business excelled.
So, my wife kept at a medium-sized companies, she was working as a chief financial officer. She kept the two-times annual salary that the company gave her for her life insurance. With her bringing in a six figure income we thought that we would have ample funds should the kids and I ever need it.
Soon, a horrible event took place. My spouse became ill with a rare condition and passed away. It was the last straw once the life insurance money went away. It is not meant we didn't use that…It got used up quickly because of bills and our everyday living expenses.
My business is successful and I have a term life insurance policy on myself for 10 times my annual earnings, a lot more than my wife had. In case my kids, God forbid, ever need it.
Get a free term life insurance quote before it's too late.
Tags: fact that most people, insurance, life insurance plan, live insurance, mistake, own business, sad example, sad story, suitable plan, term life insurance