Life Insurance

My mother passed away one year ago yesterday and it is still hard to think that I am never going to see her again. There are a lot of ways in which I can feel she is still here, still watching over me and my dad, and yet... I really do wish that she were here where I could hug her and kiss her cheek and tell her "goodnight, I love you" each night. I never missed a chance to say that, "Goodnight mom, I love you." I am so glad that I did not miss a moment of the time that I had in which to spend with my mom, and I know that the best way that I can keep her alive for me and my dad is to do exactly what Mom would want me to do - to stay with my dad and take care of him to the best of my ability.

There had been a lot of plans made, me and her were going to do so much. Now, someday I will do the things we had planned, or at least most of them. And I intend to keep right on doing things how her and I had discussed before she had passed away. Something that I did learn was the value of life insurance. Every penny that my mom had managed to save up for us to catch up the bills and get the house heater fixed and fix the heater in the car vanished under the weight of funeral expenses. $3,000 alone toward burial, then the costs of gas in the car to get around when it was $5 a gallon. And having to fill a 20 gallon tank every day was expensive at those prices. Funeral clothing for me and my dad, miscellaneous expenses here and there... some of it I don't even know where it went, it just disappeared in those insane days. And mom had no life insurance, so there was nothing to recoup the savings from, which left the heater still broken as we went into the winter and the cost of the electric bill skyrocketed from trying to keep the house warm.

I learned a lot about life insurance after my mom passed away. My dad and I looked into live insurance for him and all the different types of life insurance. He is 80, though, and so standard term life or universal life insurance does not cover him. After I had looked about to compare types of life insurance available all I could get for him was guaranteed acceptance life insurance. But, we have some life insurance for him now, his way of helping to make sure that if anything happens to him, I have a chance of keeping my home.

One of the things that I learned the hard way was that you need to make sure that you compare life insurance rates before you commit to getting life insurance. Different ones have different rates and you might end up spending more than you have to to get the same coverage. Or you could be paying too much and not getting everything you would if you went with a different kind of insurance. So, if you are thinking about getting life insurance you need to do some exploring before you commit. Understand what you are getting and find out if you are able to borrow against the life insurance, if there is a period in which it will not pay, if you can get your payments back if the insurance does not pay off and anything else that you can think of to look into.

Life insurance is not something that you want to learn about after it is too late to get it. Research now and decide if it is right for you or your loved ones.