The best way to understand the need for life insurance, as Myles Munroe puts it.
“The value of life is not in its duration, but its donation. You are not important because of how long you live; you are important because of how effective you live.”
We, humans, are fragile creatures in an ever-evolving world, thus financial security is essential. If you were to suffer a serious illness or worse, your concern about the ability to cope financially would be an extra worry, that having a policy can take away. Saying “No” to life insurance is easy but do we stop and consider what we are saying no to? Saying no to life insurance means you want your family to struggle, not have enough money for the bills that keep on coming even after you’re gone and having no money; for when you need it the most. It is always better to have it for a lifetime and not need it rather than need it for a day and not have it.
Happiness can’t be bought but Peace of Mind can. Peace of Mind is the financial Security one feels when they aren’t worried and their income is enough to cover their expenses. It also means that they have enough money saved to cover emergencies and their future financial goals and commitments.
Creating Legacy with Life Insurance. Life Insurance is not for you it is from you. A gift, to your family that keeps on going even when you are no longer there. You buy it for the people you love. It is designed to preserve and create wealth at the toughest of times.
Insurance is better to be five years too early than being five minutes too late. Life is full of risks and uncertainties. The future cannot be predicted, but we sure can plan for it. Insurance benefits cannot replace a loved one. But it can help your dependents remain independent in your absence. With life insurance, you can cover your lifestyle and standard of living. Your home which is potentially your biggest asset can be covered by having a policy in place. Putting the right protection can help ensure peace of mind at those stressful times. It allows you to save for long term goals such as your children’s school fees, a wedding, or your retirement. Protection could help reduce the risk of not reaching these goals in case of a serious illness, disability, or premature death. So, if a child, a spouse, or a parent depends on you and your income you need life insurance.