In Praise of Permanent Life Insurance
I’m going to talk about something today that might be a bit disturbing, but I feel that it needs to be discussed. You see, insurance is something that we hate talking about. Why talk about something that could happen? But when we talk about life assurance, the reality of death, there is something that happens to people. Loud people go quiet. Quiet people get loud. Everyone has a view on death, and we’re not going to get into that. Death is part of life, and it’s something that we all have to face sooner or later. But your family needs you at your best, even when death is always looming around the corner. What can you really do, honestly?
What you can do is invest in insurance that works. You’re better off making sure that you can handle that than anything else. If you’re really trying to protect your family, you need to look into the best policy possible.
A lot of people dismiss the prospect of permanent life insurance because they think that it’s just not worth it. Unfortunately, we have to disagree. The truth is that permanent life insurance is a great option for a lot of different reasons.
One, you’re getting not just an insurance product, but a flat out savings vehicle. Most people really don’t save enough money as it stands. So the whole “buy term and invest” just doesn’t work. Most people are going to blow the extra if they have no vehicle to really use it in. That’s not just us being negative — it’s the honest truth. When’s the last time you put in extra savings rather than buying something that you really liked? But when it comes to something as important as your family’s future, why would you want to cut corners? Why would you want to do something that doesn’t lead to your family’s happiness and security? That’s the truth that you need to face. If it’s not going to make your family happy and comfortable, there’s no point in doing it.
Sure, this might be a more expensive form of insurance, but it’s a very effective one. Having a savings vehicle built in means that you don’t just flush money down the drain. If renting is like throwing away money, then so is term life insurance. Sure, it’s a cheaper option but it’s time to stop thinking about everything in terms of price. That’s only going to hold you back and you were destined for better things than that.
If you’re looking at permanent life insurance, you have to start online. Trying to go to an agency and deal with an agent just isn’t in the cards. You’re not going to get to compare prices and look around. Yes, we mentioned price. We aren’t saying that price doesn’t matter, but it shouldn’t be the end all, be all option that so many consumers make it to be.
This is a difficult conversation to have, because you have to basically think about money when it comes to something so personal like death. It’s not the easiest topic, but it’s certainly worth looking into.
Your spouse can sit down with you to talk about the other areas of death planning, including your funeral arrangements and even what you want to be done with your body and belongings. Everything is in your control, and it’s better to make sure that you have life insurance in place long before you think there’s even a chance that something could happen to you. The longer that you have the policy, the better it is in terms of costs overall. Getting it while you’re young is really cheap! Check it out today for yourself if you don’t believe us.