Unwrapping the Gift of Life Insurance

Raising a Family

Where is my life insurance under this tree?! I can’t see it anywhere! I can’t seem to put my finger on it! I don’t know where I hid it under all these other gifts! Where on earth could it be?! Oh, wait a minute... I think I’m looking in the wrong place.

Yay, I found it! In my cabinet there’s this certificate from my HR department showing that I have 1X my salary in life insurance coverage through my work. Whew!!! I thought I had misplaced it. Now I feel a little better. At least if something happened to me I know my wife and children will have something coming to them..... wait a minute though,... that would only help them for a year wouldn’t it?...

Let me think this through a moment. If I don’t wake up for Christmas tomorrow, my children will have this great Sony PlayStation and a bunch of really cool games, and my wife will have some nice showy diamond earrings, but then... she would only be able to pay the mortgage and have food on the table for one year...?

Well, she could go back to work if she had to, I mean, she is educated and all and could probably go back to teaching. Granted, she would have to get recertified again because she hasn’t worked in ten years. Things can’t be that different though, can they? There won’t be much to show on her resume but she is a great person with a lot to offer, right? That has to account for something. Then there is always the issue of who will babysit the kids if that happens.

She could always sell some of my stuff, I mean, I do have a lot of tools that she will probably never use, and she will most likely, in the worst case scenario, find some other guy to marry or something. Not that I really like the sound of that... but she is beautiful and shouldn’t have a problem finding a guy who would want to take care of her and two children, even if she had no money..... Am I not making sense here?

Perhaps I’m laden with excuses for not really wanting to do what is right for my family? Maybe I’m procrastinating on getting the most valuable gift I could ever put under my tree? Sure, unwrapping a paper life insurance policy might not give immediate gratification or draw aesthetic excitement, but it would surely be better than just about any obvious tangible gift I could ever give them!

OK, so maybe it won’t be in the big box under my Christmas tree, but good things do come in small packages, and from what I can imagine, a paper life insurance application would probably roll up quite nicely in my wife’s stocking on our mantle. Perhaps everyone should have such a thoughtful and intelligent stocking stuffer. Now that I think about it, it is truly the gift that keeps on giving!

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.