Surviving the changes....Part II

Yes, some of the posts on this blog may be extensions of an initial post, while others may be single thoughts. My apologies if you were expecting solid continuity in this blog.

This is a continuation of the "Surviving the changes" post, where I pointed out my own stupidity for electing to use the offering from my employer as my sole life insurance provider, for myself, my wife, and my children.

I can't say it enough, in these times. It has been said already for those that survive this recession, they will have their lives changed. If you are going through the recession with career or financial loss, you already know all of those changes won't be positive. But take matters into your own hands and MAKE decisions that will be the best for your family...ESPECIALLY if you are gone. If you are making the same mistake I did and the only life insurance provider for you and your family is your employer, FIX IT NOW. Stop reading this blog and go explore your options. NOW. This blog will be here for you to read later, if its that important to you. But this blog is NOT more important than taking care of one's family.

I have some serious and strong beliefs on this matter. If you are a married man with a family that you care for, a wife you spoke the vows to before the alter, and children you promised to always love and care for, getting some life insurance to help them if something happens to you IS the "manly" thing to do. My own father spoke on this at length, and I now realize why (hopefully not too late) he made some of the choices he did. After my fathers death, my mother did not have to worry about money, at least for several years.

Now, let me clarify something. I am NOT an insurance expert by any definition. However, term life insurance seems the most simple to understand, manage, and pay for. The various "whole life" polices insurance agents LOVE to mention as soon as any of them learn you are shopping for insurance seem to be a gimmick to me. I have seen first hand the gleam of GREED in several insurance agents eyes when they were trying to sell me "whole life" polices. That is enough of a warning sign for me to choose something else.