Term Life Insurance Blog: Times you think about Life Insurance?

Tuesday, July 11, 2006

Times you think about Life Insurance?

WHEN ARE THE TIMES YOU THINK ABOUT LIFE INSURANCE?
Summer Holidays are a great time to think about things. On our recent trip I took some time to think about some conversations and events that I normally don't take the time to reflect upon.

I was talking to some people over the holidays about life insurance and how they felt, thought about life insurance.

YOU'RE IN TROUBLE OR YOU NEED TO PAY FOR IT
There are two basic times when people think about their life insurance policies:
1) They're reviewing their bank accounts and payments
2) A frightening event happens in their lives

A BANKING ENTRY
You're reminded every month of your life insurance policy when it comes time to look at your bank statement and do your bank reconcilation. At this point your life insurance policy is nothing more than another banking entry.

A FRIGHTENING EXPERIENCE
Most people are familiar with this experience. Your spouse is gone for a few hours longer than they said they would be. They've gone to the mall with the kids or with friends and haven't returned yet. After a few hours, your spouse hasn't called yet. You start to worry.

After a little while longer, you start to worry about the worst case scenarios. Maybe my spouse has been in a car accident, maybe they're hurt and in the hospital. Maybe they've been kidnapped or maybe they've hurt themselves and can't contact you for some reason. These are scary but real worries.

If a loved one doesn't call for a while, it's very possible start worrying about the worst case scenarios and this happens to most people.

AM I COVERED?
After thinking about the worst case scenarios, the next thing your mind thinks about is "am I covered?".

When trying to imagine the first things you would do if something happened to your loved one, a person starts to think of their own well being. What happens to me if somethings happens to my spouse. It's a scary feeling, however it's a very natural feeling.

This "worst case scenario" situation is normally when people think seriously about and start to rely on their life insurance policy for comfort and peace of mind.

WORRY IS USUALLY SHORT LIVED
Fortunately, for all of us who worry, our spouses usually just lost track of time and come back home and then all is well again. However, in that small amount of time or worry, it's really nice to know that we're covered.

During my holidays, I had time to chit chat with some people and these are the impressions I got from those people. The times they thought about their life insurance were those few times that they were worried their spouses might be in danger.

I'm glad that most of the time people's worries are nothing more than a reflection of how much they value their spouses, and the value of the comfort of their life insurance policies!
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5 Comments:

Blogger Panna said...

I tend to think about these situations in the winter. Maybe it's the depressing weather that makes me do it :)
I ran across an interesting site for who wants to visit it:
Life-insurances

December 18, 2006 11:07 AM  
Blogger Neetu said...

I actually feels when something worst came in my mind like you have mentioned when loved ones doesn't call for a while. Life insurance policy do gave a peace of mind and comfort that it provides. I do recommend all to make this insurance policy for sure.
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July 14, 2011 4:47 AM  
Blogger Samual James said...

I agree with you that insurance improves life standard and assures you about your vehicle,home and your life is totally safe. In case if you have any loss then insurance company will help you that time.I really thankful to you for sharing these tips of life insurances.

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January 24, 2012 2:35 AM  
Blogger April Kielb said...

As per time we must updated with our general things like as general insurance, auto insurance, income tax return, sell tax, light bill pending bill that is small things but it is also important for every person.


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February 20, 2012 10:29 PM  
Blogger ashwinipatil said...

This comment has been removed by the author.

August 23, 2013 6:17 AM  

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