It wasn’t until recently that I realized the crucial importance of accident and life insurance.
Sadly, it was the passing of a friend that brought this point home.
He had a terrific job, beautiful wife and kids, but no accident and illness insurance. He was the picture of health — a coach who ran every day and was in the best physical shape he could be.
He had all bases covered, except an affordable life insurance policy. For some reason this intelligent man neglected to provide for his family. I don’t know if it was his feelings of immortality — he had been a high school football star and everything he touched turned to gold.
A few months ago he was stricken with cancer. It hit his family hard. He had to take off work to go through treatment. This meant no money coming into the home.
His wife had always stayed home with their three children and had no work experience outside of the home.
He was able to return to work for a month, but then went to the doctor because he wasn’t feeling well. They just sent him home to spend the remainder of his days.
He just passed and his family also learned that there was no money, no cheap funeral insurance, to help with the expenses of burying him.
He was such a popular man in the community that the costs ended up being extremely high.
I think taking the time to implement insurance policies for accidents, insurance, funerals and untimely deaths can save your family even more grief.