Life insurance isn’t the most fun topic, and there’s reasons your brain is avoiding it.
Funeral, burial, grave, loss and other words related to death ignite survival mode in our brains, viewing death as an event that can only happen to other people. Although it is hard to admit, end-of-life preparations help ease these feelings of uncertainty. Selecting the right life insurance policy and beneficiaries for you and your loved ones is a great first step toward providing stability for the future.
Why Is Life Insurance Important?
Without scrambling or stressing, you can relax knowing that your loved ones will be taken care of after you’re gone. Especially if it happens to be a sudden death or accident.
You may have some life insurance through your employer, but it may not be enough. Most of these policies will cover funeral costs and immediate needs, but payments like mortgage, debt, dependent care, and legacy planning are not always included. Most employer-based life insurance policies generally do not continue if you no longer work for the company as well. Look into this plan to ensure that it provides the right amount of coverage for your family.
While it may sound depressing, discussing death with your loved ones can reduce stress levels and lead to other long-term benefits overall. Starting the conversation is absolutely the hardest part.
Why is Talking about Life Insurance so Hard?
As soon as you start shopping for life insurance, it is inevitable to imagine not only yourself dead, but life after your death for your family as well. Your brain cannot “compute” this reality.
Some of the first things you are asked to consider when buying life insurance include how much you owe on your mortgage and how much income you want to provide for your beneficiary(ies) after your death. Other things can be dependent care and money for kids college expenses.
How Can We Make These Conversations Easier?
Talking about death is different for all of us. Everyone brings a unique perspective and experience to the conversation. Sometimes you may need to initiate the conversation to get it started. Another way to get the conversation going is by asking about other people’s experiences. This helps to promote comfort and connection.
Death is very hard to digest and think about it. It causes most people to feel uncomfortable, but purchasing a life insurance policy that you’re comfortable about and feel confident about will help give you a since of security. Being prepared will help ease your mind now and for the future of your loved ones.
Personal Insurance Experts
Contact our experts at IBC Insurance to discuss your life insurance options. You can fill out this form online or give us a call at 712-277-2424.