The number one question is why take out life insurance?
Sure, life insurance is a waste of time/money and I’ll be grand without it …. WRONG!!!
- If anyone depends on you financially, you need life insurance
- If you live in a rented property, you need life insurance
- If you have a job, you need life insurance
- If you don’t want to leave your parents/kids/wife completely screwed, you need life insurance
Life Insurance really is a no brainer and settles the nerves at night so that you don’t have to worry about how your family will survive without you financially!
But, what is life insurance?
It is all about the family
Reality check!!! How do you think your family will survive without you financially? This isn’t a Disney movie – Life insurance will pay off your debts so that your loved ones can at least live in the house you worked so hard for… It’s hard enough emotionally losing a loved one so money shouldn’t be another burden.
I’m only renting so I should be grand
If you are thinking like this you need your head checked!!! Even though you don’t have a mortgage or own a house, who will pay for rent when you are gone? If you are the only breadwinner, that’s a whole lot of problems when you are gone. Life insurance will leave a lump sum of money, so your loved ones can buy their own home or at least pay the rent.
The sad truth is that even a basic funeral will cost approx. €5k so who knows what a good auld fashioned send-off will cost!! I know, I would be turning in my grave, if I have no life cover and my loved ones family got landed with that.
Finally, I am sorry for harping on but why is life cover so important
It is PEACE OF MIND. You can go to bed every night knowing that for a small amount of money each month that your loved ones are ok financially. What better gift can you leave them?
If you’ve decided that you do need life insurance but haven’t a clue where to start, I’d love to help you.