You probably have no shortage of gift-giving ideas, but here’s one item you may not have considered: getting life insurance for yourself. Yes, yourself. You see, life insurance is a way to show your love year ’round, and is a gift that will keep on giving, even when you are no longer here.
It’s the gift of a future, an investment against your children’s potential and unexpected needs. The experience of Norm and Sandy Page (another of LIFE’s realLIFEstories) illustrates this in a very clear way. When the couple’s son, Adam, was born with Spina Bifida, Norm and Sandy used some of the cash value from their whole life policies to not only pay for medical items not covered under health insurance, but also to help their son pursue his dream of securing a spot on the U.S. National Sled Hockey Team. He succeeded, and, at 18, Adam won a gold medal at the Paralympic Games in Vancouver.
It’s the gift of love and a way to help ease the sorrow that comes with loss. Both Missy Junk, orphaned at age 16, and John Butcher, whose 37-year-old wife died from an undiagnosed heart condition, learned that while nothing can replace those who’ve gone, knowing that they cared enough to insure their lives is evidence of the love they had for those left behind.
Because life insurance is an investment, you want to make sure you are purchasing the right amount and the right type for your needs and circumstances. Start by visiting Insurance 101 and the online Life Insurance Needs Calculator. Then, contact a qualified insurance professional in your area to start the application process.
It’s the ideal gift to give to those you love!