Having kids is a reason that many folks decide to get a life insurance policy. I know we have three very good reasons to have a policy. (Aren’t they cute?)
I will forever remember the morning of September 11, 2001, just as almost any American will. I will also forever remember returning home after work that evening, taking a look at my then-boyfriend and bursting into tears, realizing as I looked at him that he was a strong, healthy young man and we were probably going to go to war to retaliate against the terrorists and ohmygoshwhatifhedoesgotowarwhatwillhappentome and suddenly my world seemed to just STOP. I’m still not sure how that could possibly be because it had stopped that morning when I first learned of the attacks. But still, things got real in an entirely different way right then and there.
We’d already bought a house together, just a few months before. We knew we’d be married down the road, although we weren’t officially engaged. But we knew. We’d known since about 2 weeks after we met that this was it…for both of us. He was already thinking about what he could do to plan ahead for the worst in the event that more attacks came, or if he got drafted to go to war, or went to enlist. He’s the planner. I’m the feeler.
After we’d been home a few hours, had dinner, cleaned up, he said he wanted to have a serious conversation. Brett, he said, I think I’m going to get life insurance. Name you as the beneficiary. That way, if something happens, you’re taken care of. You won’t be left with a mortgage you can’t afford in a house that’s in this condition (we’d bought a fixer upper- it was JUST finished 100% when we moved out in June of 2005). It took me a while to begin to wrap my head around this. But he was right. So we started to look into life insurance policies. Then we got a little bit confused.
Trying to figure out how much life insurance was a bit overwhelming to us both. We weren’t aware of sites like Genworth Financial who provide resources and information to help sort things out when it comes to looking into life insurance. Thankfully, we did get it sorted out, and we’ve had coverage ever since. It may not be the most pleasant thing to discuss, but having life insurance helps to ensure that your loved ones aren’t left high and dry if the unthinkable happens. Now that we have children, we’ve changed our policies as well. Articles like this Life Insurance 101 I found are a way to find out more information before deciding what kind of insurance to purchase and how much.
Do you have life insurance? What made you decide to get it? Do you have any tips or suggestions?
This is a supported post with information provided by Genworth Financial. All thoughts and opinions are my own.