A Lesson About Term Life Insurance
Finance and Insurance December 23rd, 2009I read an article in the newspaper about a lady that lost her husband in a car accident and she lost her job the following week just by coincidence. This was a very sad and heartbreaking story. The journalist that wrote the article on her wanted to ask everyone for their support and possibly to donate so she could pay the funeral expenses and such.
He also wanted to get the word out on how important it is to have term life insurance coverage for you and your loved ones in case something were ever to happen. The point of the story was very powerful with this lady’s situation being told as well.
I think it is something that a lot of people ignore or do not worry about until it is too late. It is sad to think that she lost her husband, her job, and is now stuck with many medical and funeral bills that she probably can’t pay.
If her husband had on purchase no medical life insurance or some other type of life insurance than at least she would not have the financial burden and could morn for his death more in peace. I think it is sad but a well told story and a good lesson for all to hear.