Don’t wait for your world to stop

Belinda FoxIn the fall of my freshman year of high school, I’d just gotten my temporary driver’s license. My father and I were meeting with our insurance agent to complete my life insurance application at our kitchen counter. 

As I matured into adulthood, I carried that strong belief in life insurance my father instilled in me. My life’s road has brought me a great husband, two wonderful daughters, and a large extended family.

Longevity runs in my husband's family. His grandfather and great aunts lived to be almost 100. In October 2002, it came as a huge shock when my brother-in-law, Scott, 42, was diagnosed with advanced liver cancer. He passed away in eight weeks.

Thankfully, Scott had life insurance to provide for his wife and two daughters, ages 12 and 15. He had a whole life policy purchased by his parents when he was a youth and a Universal Life (UL) policy he bought as an adult. He also had life insurance through his employer.

There was money for his funeral and burial expenses, enough to pay off the home mortgage, funds to continue health insurance coverage for the family, and money to be set aside for his wife and daughters’ future financial needs. The family could also pay for the unexpected expenses that crept up in the month or two after Scott’s death – the home needed a new furnace, plumbing needed repairs and the car died. Thank goodness he had life insurance that was able to ease the burden on his wife during this time of great loss.

The world doesn’t stop turning when you lose a loved one. A family must continue. In May 2005, we lost my 21-year old nephew in a car accident. Yes, Zach did have a whole life insurance policy his parents had taken out on him when he was a small child. The reasoning was to have money available for final expenses. They used the proceeds for this purpose, and his family used the leftover money for charitable activities in the community, which helped them in the healing process. The last of the money was spent this summer with the donation of playground equipment. 

With my father’s passing in February 2010, his Universal Life policy covered his funeral expenses and provided for my mother to move from the old farmhouse to a more accessible home in town.

For whatever reason, my professional road led me to American Family in September 1997 as agent assistant for Herm Leitz (Ripon, Wis.). I have been life-licensed since 1998. What a privilege it is to work for a company that cares for and protects our families in their time of need. Life insurance isn’t just about money – it’s about security, peace of mind and healing to move forward.

Remember, the world does keep turning even though you feel it has stopped. Don’t wait for your world to stop to realize your family isn’t adequately provided for by life insurance.

Editor's note: Learn about the importance of life insurance on our website. You can also watch a video series about different kinds of life insurance products on the American Family Insurance YouTube channel

by Belinda Fox on Fri, Feb 08 2013 9:13 am
Posted by Belinda Fox on Fri, Feb 08 2013 9:13 am


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