If you find yourself trying to think up a unique Valentine’s Day gift for your loved one in the run up to February 14th, then you aren’t alone.
Naturally we want to do all we can to make that special someone feel even more special. This year, break the flower and chocolate tradition and do something that carries much more weight: life insurance.
Let’s be realistic here,:flowers last a week, maybe two and, well, chocolates don’t even last that long. If you are looking to give the most selfless gift, and show real dedication to your family, taking out life insurance is undoubtedly the way to go.
The fact that we have a holiday that is dedicated toward love is fantastic. We all love holidays, whether it is the 4th of July, Thanksgiving, or Christmas. It’s nice to get a break and be around those family and friends that mean the most. However, for those of us that have a better half in our lives, Valentine’s Day is a special day. It is the opportunity to avoid family parties, and have no real obligation to anyone but your partner. With all this is mind, gifting your spouse with life insurance is a true testament to your dedication and loyalty not only to them but any other dependent family members you may have.
What You’re Risking
Have you ever thought about what would happen to your partner if anything were to happen to you? Would the mortgage be paid? Would your children be taken care of the way they would have been had you been present? These are serious questions to address, and something many of us tend to think we are too young for. Don’t fall into that trap.
Now, we don’t want give lessons in love, but we all know there are many aspects to loving someone. Whether you are present or not, wanting the best for your partner is only normal. If you pass unexpectedly without being adequately insured, you are running the risk of putting your loved one in an awful position. Grieving is enough for a family to deal with on its own. However, without life insurance, they may have to find second jobs and/or move to a less desirable home. Limited funds may also restrict opportunities such as education.
What if We’re Not Married?
It is a common misconception that you need to be married to be considering life insurance. If you are dating and have fallen in love with someone who has the burden of debt, life insurance should be a consideration. Surely if anything were to happen, you would want them to have the ability to pay debt off collectors and start fresh. Maybe you and your partner live together, and have a mortgage to which that you both contribute. You are practically married aside from the certificate and the rings. If your share of the mortgage payment were to disappear, would your partner be able to pay alone?
On the other end of the spectrum, you may want life insurance if you’re older and divorced, your children are grown up, and you want to ensure you leave money to support your grandchildren who are currently in college because of your financial assistance. Always be aware of anyone who is currently dependent on you in any way.
So this Valentine’s Day, give the gift of a lifetime, literally and present your loved one with life insurance.
Here at TJ Woods Insurance we have a number of financial services surrounding life insurance. For information contact one of our agents, and we can help you find the best solution for life insurance.
