Life Insurance allows a Dad to be a Dad
Mary & George always managed to make the best out of challenging situations. They found their first house, an abandoned century-old Victorian, on the site of a new mall. They paid to have it moved six miles away to a new lot, and with extensive renovations it became their dream home. When Mary lost her job as a computer support specialist at a local bank, she started her own consulting firm and it quickly became a more rewarding career.
Life Insurance allows a Dad to be a Dad
One of Peggy’s clients was an insurance agent. She took care of his computers, and he vowed to always take care of her family. When Mary’s business started to take off, he knew she needed more life insurance because her income had grown significantly. With his help, Mary doubled her coverage. Two years later Mary was diagnosed with breast cancer. To help pay her mounting medical costs, Mary was able to borrow against the cash value of several permanent life insurance policies she had owned for almost twenty years.
Life Insurance allows a Dad to be a Dad
Sadly, after a three-year battle, Mary died at age 48, leaving behind George and their four sons. George, 52, used the insurance benefits to repay the loans against her policies and other medical costs and debts that had accumulated during Mary’s illness. He also paid off half their mortgage.
Life Insurance allows a Dad to be a Dad
More importantly, the insurance allowed George to accept a lower-paying job closer to home. Now instead of a 70-mile commute and having to work 12-hour shifts and every other weekend, George works weekdays until 3:30 p.m. That gives him the freedom to be there when the boys arrive home from school, attend all their activities and fully participate in their lives. “That’s really important to me, and I know it would be important to Mary.”
What is your plan? Do you have a plan? Go to Your Life Insurance 411– Because you Care.
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