Is it when your team doesn’t make the playoffs, or when you realize your promotion ladder has hit its last rung? Mine was after being diagnosed with Ovarian cancer in April 2014. Unbeknownst to me, I couldn’t qualify for life insurance.
I was young and healthy! Life insurance wasn’t on my radar at all. I later learned after this turning point in my life that Whole Life insurance helps you when you are in the sunsets of your Life. It’s for the days you’ll spend relaxing in your rocker and watching grandkids tear your house apart. It pays you money for a sweet girl or boy to come to your home and help you take your pills and get you to your doctor…a concierge, if you may.
Whole life insurance is the “Cadillac” of the life insurance. There is no real end to this type of insurance. It usually goes till you are 100 but there are options that can skyrocket you past that even.
Term life insurance has a time clock on it. It stops when you hit a certain time. But it only hands you a handful of cash in your mailbox. No sweet helper or concierge. It just wants to give you money. And when you hit the end of that date, it hikes up the price because you are, of course, older. Heaven forbid you get sick like I did. They want nothing to do with that mess.
Why am I telling you this? When I lay in bed at 2 am and dream of the things I wish I had done. I think of Whole life insurance as the road I should have taken. I could have driven on that road like Route 66 for as long as I wanted, taking me to all the sights and sounds of a relaxing retirement.
Now my only option is the handful of cash through Term, and at a price that would knock your socks off! They don’t look at me as someone they want to help. They look at me as a bird with a broken wing that they will put me in a cage. This bird wants to fly into retirement to the highest tree!
Don’t get me wrong! I will be grateful when my time clock ticks and I can walk back to the insurance companies with my head held high after 5 great years of NO cancer But I will hit my glass ceiling for care. I will get only what they want to give me.
Don’t go down the end of your road of life to find you hit a dead end. Drive down Route 66 out of the cage. Fly my little birds!