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Advocating life insurance for the sake of survivors!
People who have suffered first hand the consequences of no life insurance know exactly how high on the priority list, having an insurance means. When an earning member of the family dies an untimely death, the survivors have a tough time dealing with the grief. If they have to deal with financial problems along with this they can land in a very difficult situation. Therefore one should buy a term life insurance at least so that they can be assured that their family members are taken care of financially while they battle with their grief.
In order to promote the concept of having a life insurance, the insurance industry has decided to observe every September as the National Life Insurance Awareness Month. With this they want to sensitize the Americans about the hard facts of life. This action is subsequent to LIMRA International’s research results that show that at least one third of the American adult population has not insured their lives. LIMRA International is a research and consulting organization for the insurance industry. The research revealed that this is primarily due to lack of coverage of young men and women. Seattle pi reports:
“The Life and Health Insurance Foundation for Education is a non-profit organization funded by the insurance industry that coordinates the national awareness campaign. It has a calculator on its site at www.life-line.org that consumers can use to determine their insurance needs.”
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