Life Insurance for Newborns - A Long Time Riddle

Having a Baby

Life insurance for your newborn is often a second thought compared to all the other uncertainties associated with the birth of a new child, especially your first child. We may ask ourselves, “is everything in place, have I overlooked anything, am I prepared as a future parent?” All of these thoughts enter our mind, but once the child comes into the world we can be quick to believe everything has all went according to plan. However, did we forget one of the most important benefits for our children and ourselves?

Sometimes a mom or dad may fail to realize that their income streams could come to a sudden end and what then? How will the other spouse and child (children) survive? Having a child is not just a great opportunity to purchase protection on their lives to assist them and their children in the future, but it is a great time to reevaluate your own coverage, and make sure it is sufficient and the best plan possible – especially for your Life’s Pivotal Moment!

This long time riddle may sum up the importance of the above, see if you can figure it out:

I am a piece of paper, a drop of ink, and a few pennies of premium.

I am a promise to pay.

I help people see visions, dream dreams, and achieve economic immortality.

I am education for the children.

I am savings.

I am property that increases in value from year to year.

I lend money when you need it most, with no questions asked.

I pay off mortgages so that the family can remain together in their own homes.

I allow people to dare to live and to die responsibly.

I create money where none existed before.

I am the great emancipator from want.

I guarantee the continuity of a business.

I conserve the employer's investment.

I am a declaration of financial independence and economic freedom.

I am the difference between an old man or woman and an elderly gentlemen or lady.

I provide cash if illness, injury, old age, or death cuts off the breadwinner's income.

I am the only thing that can be bought on the installment plan that a family doesn't have to finish paying for.

I am protected by laws that prevent creditors from assessing the money I give to loved ones.

I bring dignity, peace of mind, and security to the family.

I supply investment capital that makes the wheels turn and the motors hum.

I guarantee the financial ability to have happy holidays and the laughter of children—even though father or mother is not there.

I am the guardian angel of the home.

Yes, you guessed it, I am life insurance.

About the author: Kyle McDonald holds FIC, FICF, FSCP® & CLTC designations. His viewpoint on life insurance is simple, “Anyone with a family must have life insurance. In the end, life insurance is for others you care about, not you.” He is ready to help you and your family get the best option available. Contact Kyle today at   1-800-651-1953 or KMcDonald@Pivot.com.