As I get older, I have many people around me that have started to deal with more health issues. As I see their kids getting older, I have had numerous conversations with them about their future and what they plan to leave behind. For many of them, they think about ways to set up life insurance for their family and most of the dads that I talk to are looking for life insurance with no medical exam.
As I thought about this myself, when my kids were young, I made the choice to make sure that I had life insurance that would safeguard my family. It was important to do this while I was young when I could get a good rate when I was healthy which would last for many years to come.
At the time, when I was getting life insurance I had to prove myself through a medical exam, but these days there are other options as well including ones that do not require the exam, so there is no reason to not consider this.
On top of this, the financial amount you have to invest can be very low for some return that will help to safeguard your family into the future.
There are many tips that I would give to others when it comes to helping dads think about life insurance and their future, but the biggest piece of advice would be to make sure that you do it as soon as you can while your kids are young.
Outside of this, while you may not want to think about it, thinking about the future and your possible death is important. While life insurance is one thing to consider there are other things to consider as well.
In the end, as a father, I know that I, for one, want to provide for my family and part of this is making sure that no matter what, that they are taken care of if and when I am gone.
I highly encourage every dad to take the steps to start thinking about the future now, and don’t wait until it is too late!