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Why Life Insurance Policies Matter

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NCFA Sponsored guest post | Sep 18, 2018

“You are such a worry-wart.”

This is the common reaction I get whenever I tell people about how I like to plan ahead. They tell me that I’m too overreacting, that I live too much for the future and not for the present, and that I really don’t get the concept of YOLO.

I really don’t give a darn about what these people say. They’re impractically wasting their time, breath, and energy trying to change how I live my life.

What if I’m so gung-ho about planning for the future? What if I’m too overly prepared even my future dogs and cats will be feasting every single day? It’s still better than having no insurance. It’s still better than having my children carry my weight. Lastly, it’s still better than being ill-prepared.

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If I were to choose between too much and too little, I’d choose too much any day. After all, what’s wrong with having so much you could spare a ton? It’s a thousand times better than having to ask for financial aid because you have so little. Do you get me?

I am a mother of two. My husband and I are both working. We’re your average family but we get by comfortably – maybe even a little extra from time to time. We are able to fend off our needs without having to sacrifice time and resources. We eat three meals a day – five, including snacks – and we even spend a little more on special Sundays. Family dinners, spontaneous vacations, movie nights, and whatnot, we do it all.

Mind you, I’m not here to brag but to tell a story. A story of how such a financially stable family as mine still choose to invest in life insurance despite our quality of living. We can afford things but we choose not to buy them. We can be first in line whenever Apple issues a new iPhone but we choose not to. We’re practically free to buy limited-edition albums of our favorite recording artists, but instead, we prefer to just download them on iTunes. Are we being cheapskates? Are we being tightwads?  Do we fail to make the most out of our limited time in this world?

NO.  We are being practical.

We know for a fact that money is temporary, having a job is not forever, and that good things will come to an end, one way or another. We know YOLO but we uphold a different version of it. You Only Live Once, they say. But it is exactly because you only live once that you should avoid making an embarrassment of your life. Live healthy, live fully, but live wisely. Don’t throw your hard-earned money down the drain because you don’t know how long it’s going to keep you. You don’t know how long your boss is going to keep you. This is the reality of life – one that you must definitely understand.

Getting life insurance doesn’t make you a worry-wart; it makes you a wise man (or woman, for that matter). It transforms you into someone bolder, braver, and more optimistic. Knowing that your future is secure allows you to live each day to the fullest. To spend on yourself and your family like you never have before because you know that there is much promise waiting for you in the years ahead.

This is the truth that people often fail to see. A truth that life insurance companies like Upside Insurance Greenville, Monumental, and Weatherly try very hard to introduce to people. But we’re just big dummies, aren’t we? Instead of welcoming wise words from people who are well-oriented about the harsh realities of life, we shun them and tell them to pack up their stuff because we “YOLO.”

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It’s never too late or too early to start the change within yourself. Don’t put off tomorrow what you can do today. And if you’re thinking “This lass is going to regret all the money she invested on her life insurance if it proves unnecessary someday.”

Life insurance will always and forever be necessary. There will always be a need for it. And if, in the future, I can manage even without the insurance, it still wouldn’t be a waste. It gives me the security I need to face life bravely – and that, alone, is fair merit.

To really get a better view of how life insurance can affect your life, read this: https://www.gatewayfinancial.biz/private-clients/advantages-disadvantages-of-life-insurance/

Source:  Sponsored guest post


The National Crowdfunding & Fintech Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with fintech, alternative finance, blockchain, cryptocurrency, crowdfunding and online investing stakeholders globally. NCFA Canada provides education, research, industry stewardship, services, and networking opportunities to thousands of members and subscribers and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding and fintech industry. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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