If you wake up in the morning, look in the mirror and think, ‘Wow, my family is lucky to have me’ then congratulations, your self-esteem game is strong. But, many of us don’t tend to give it much thought. We take for granted that we’re able to spend time with and provide for our families. And this, in a nutshell, is the importance of life insurance.
If you had to stop and think about it, the feeling that comes with being able to look after your family and your dependents is pretty amazing. You get to show exactly how precious they are to you by keeping them safe and comfortable. But, life can be about as unpredictable as the quality of aeroplane meals, and you don’t know for sure that you’ll always be around to look after them. This is where life insurance comes in.
Life insurance gives you a way to make sure that your dependents stay looked after if anything should happen to you (touch wood).
A closer look at life insurance
Life insurance is a type of insurance cover that pertains specifically to your life. Should you pass away unexpectedly while you are insured, your policy would pay a sum of money to your family.
Essentially, you decide how much cover you need, and the length of time you might need it for. You then pay monthly premiums for the length of your policy. This gives you the peace of mind that comes with knowing that, if something should happen to you, your family will stay financially stable.
Life insurance is exceptionally valuable if you have:
Dependants
If you have children or a partner relying on your income, life insurance is vital. This will let you enjoy your life with them without having to worry about what would happen if you were to pass away.
It is also important to consider life insurance for your partner. The loss of an additional income or even the time contribution of a homemaker would certainly be felt.
A Mortgage
The last thing you would want is for your family not to have a place to stay if you were to pass. If you have a mortgage, a life insurance claim could pay this off, ensuring that your loved ones will always have a roof over their head.
Life insurance means total peace of mind
When you wake up tomorrow morning, take a look in the mirror and think to yourself that your family is lucky to have you, and you’re lucky to have them, too. And, because of this, you should enjoy the time that you have with them and not spend a second worrying about how they would cope if you were to pass away.
At Hollard, we can absolutely give you this peace of mind. To learn more about life insurance or to take out a policy, get in touch with us today!
