Views on Finance

Today I began to look for a life insurance policy of my own. My parents had a life insurance policy for me until I turned 21. My husband has life insurance, but I haven’t had any life insurance for several years. I know that this is a business like any other kind of business; you pay for what you get. If the policy is a large one, it will be a higher payment and so on. It isn’t unlike a liability or quote for my driver’s insurance. This life insurance can be paid for in one payment or several payments for the year much like our driver’s insurance policy.

Some insurance policies are setup so you can get loans against it; I haven’t ever seen or heard anyone else say they have used such a policy. I have seen them advertised. I don’t think this is something I need to look into.

There is a lot of conversation going on today about woman who stays home and don’t work for large portion of their lives. That these women don’t have enough retirement set aside for them at the end of their lives because they don’t qualify for social security. They will not get enough from a deceased spouse’s retirement to live on for that 5 or so years if you follow statistics anyway of how long we are suppose to live.

Today is not in any way a special day. It is just the day I decided it was time I had my own life insurance policy. My children are all grown; my grandchildren are well taken care of. They will not depend on me for a thing. I just decided if something should happen to me suddenly, I need to have funds set aside to cover my final expenses and to pay off any payments I might leave unfinished.

I don’t think the fact that I still don’t work is going to be any real big problem. I am well taken care of and I don’t want for anything. I just think it is time I had my own life insurance policy. I don’t want my death to be a burden on anyone; and I don’t think anyone would. This is what a life insurance policy is for. I don’t care if I have a huge funeral. It isn’t for me that one is done; it is for my loved ones. I don’t particularly want to be the one who sets it up though. I have never wanted to be the center of attention in life; I certainly don’t want to be in death. Knowing I won’t know it, I think it is up to them. I just want whatever they want to be paid for, for them.