INSURANCE: An Expression of Love

It feels better to hear someone saying they love you, but nothing beats when someone shows you what love is.

There are many ways to express someone that you love and care for them. You can date your wife to her favorite restaurant or treat your children to a vacation. Buy a bouquet to your aging mother or watch your aging father’s favorite movie together. In fact, love can be expressed in a very simple way, and it can easily be appreciated by someone who sees it genuinely. But if you think you’ve done these repeatedly, you can do something more than just that. It can be something more practical like securing your loved one’s future by getting yourself insured.

Insurance is a true expression of love. Giving someone the gift of financial security can be one of the most valuable things you can do for the people you love and care about. It is something that they can treasure even when you leave them. It will make them feel the love you have for them while you live and even after you die.

Addressing your health needs

No matter how health conscious you are, there is always a possibility if suddenly falling ill or getting into accidents. Though hospitalization can’t be avoided, with your insurance, you can avoid using up your savings or getting deep into debt. Therefore, you and your family can worry less about the cost of dealing with life- threatening illnesses and accidents.

Paying off debt or replacing income

Life insurance benefits can help replace your income if you pass away. This means your beneficiaries could use the money to help cover essential expenses, such as paying a mortgage or college tuition for your children. It can also be used to pay off debt, such as credit card bills or an outstanding car loan.

Inheritance

Some people purchase life insurance with the intention of leaving the death benefit as an inheritance to their loved ones. If you’d like to have a specific person receive your benefits as an inheritance, you can name your chosen heir as the beneficiary on your policy. This will ensure that your life insurance benefits fall into the hands of the person you intended to receive it.

Charitable contributions

Life insurance policies can also be created with your favorite charity as a named beneficiary. This can help ensure your philanthropic goals are met after you pass away, and that benefits are provided to your charity of choice.