5 Reasons Why life Insurance should be held as part of the strategy your finances that — Money doesn’t grow on trees. Did Your parents ever told You that before?
When you’re still young so easy to think that you will always be healthy and strong enough to work as hard as you do now.
If You live at home with Your parents it’s easy to think that… money grows on trees.
But the fact is that with all the trees that are available in every country around the world… none of them produce leaves that can be used as a currency.
That being the case a serious question to ask yourself would be:”if I die tomorrow, could my Family afford to pay the bill without me?”
Now I have to agree with You that no one likes to think about things like this, but when You consider the reality of life, especially when You live in between the high concentration of people in certain areas…
Not having life insurance is very risky
Listed below are 5 reasons why having a life insurance policy can help you strategically build a solid financial future.
First home – if You’re newly married or have been looking to move out of the apartment that somehow got smaller over the years, You may be able to use some of the cash value of Your policy to put a down payment on Your first home.
The cost of education today is really crazy without job security, but in fact your children will have a better chance to secure a higher job levels that can help them become self-reliant in the long term.
Wedding-somehow when You least expect it Your little girl fall in love and say the three magic words, “he is one”. You could have just let it go to city hall and sign on the dotted line, but is that really how you imagined it give him away?
Pension – on the last day has arrived where You give Your boss the pink slip, but do you have enough retirement income to survive for more than 10 to 20 years into the future without the need to get a part time job at the local fast food restaurant are You?
Death benefits – today life moves faster than ever and there’s no telling when something might happen. If it happened, did your family have to pay the cost of your funeral? Somehow I don’t think You want their memory to be connected with, the debt You leave behind while they struggle to care for the funeral arrangements You.
So how the reason supports the case of life insurance be a part of a financial strategy is a solid?
Simple, aim to create a financial strategy in the first place is to make use of Your assets at this time to take care of the cost of a future without ending up with debt. Have a life insurance policy can help You to avoid running into that trap.