The Affordability of Life Part II

Times out for playing games, gambling with your own life going through the motions and not having your financial life order. The reality is everything we do has its own risk. There are so many things that each of us take for granted. A reasonable portion of health and strength, your primary occupation, hobbies, and for some folk; disposable income and many other amenities.

For those who are financially independent and savvy with their money should understand and know the importance of insurance products. Business owners should cover their partners with life insurance products; with the insurer paying the deceased partner beneficiary a certain amount of money when the partner dies. Anyone who owns or is involved with running his or her business and has debt, need to have life insurance on his or her life.

The reality is to get coverage when you are financially able and physically healthy to do so. Most insurers’ today have plans that will cover just about anyone to a certain degree. Along with a regular life policy, if someone has not been diagnose and does not have certain critical illnesses at the time of purchase, then he or she can get different type of life insurance policies. What is critical illness insurance and what does it cover? Critical illness or what is known as dread disease is financial protection against illnesses such as a cancer, heart attack, stroke, Alzheimer’s and Parkinson’s disease just to name a few. It also can covers injuries from accidents such as paraplegia, major burns or even brain damage, depending on what type of policy purchased.

Ask yourself, do you and your business partners’ have your finances in order? Between both life and health insurance products; your money and cash flow, take the time to have a sobering uncomfortable conversation to discuss the financial well-being of what ifs, if you or your partner were to become physically challenged; or if you were to die and move into the after life after physical death. Are either of you in the position to buy the other out? Or provide for each other’s immediate family members to continue to enjoy your own and their current lifestyles?

Life is so good when you are doing the right thing with your mind, body, soul, and spirit. The whole you. Now is the time to handle and take care of your personal life insurance business. Finances uncovers our nakedness, so that you may not be found naked; make sure you are fully clothed with coverage. Take the time to examine where you are financially instead of focusing so much on updating the profit and loss balance sheets. There are a whole lot of things more important than making money and that importance is protecting your income and family.

It is not about selling or going to the bank, as much as it is about your prize possession, which is yourself and your well-being. Though we are all different in many ways, one thing we all have in common is the fact of wanting to do what is best for those that mean the most to us.

Your family, loved ones, co-workers, your employees, and those in your inner circle deserve to be protected. They are the ones who should hold your interest when making decisions about purchasing different life and health insurance products.