Tuesday, February 2, 2010

Life insurance, car insurance,contents insurance.

Today we are getting the last of the health checks for our life insurance. We have never had life insurance before, We are also switching our car insurance and getting contents for our house insurance. Our house can't be insured because of the roof, So we are doing $100,000 content insurance. Anyway we always meant to get life insurance, with 6 kids this is needed I believe. We had some good friends, Mark and Diane Cadigan, They had no health insurance, no insurance at all. Diane died from complications due to diabetes, And Mark died 2 weeks later from a heart attack. They had 8 kids, The oldest was 19 the youngest was 4. The kids did go on extreme home makeover and got the family house completely redone and some money for college for the kids, But the oldest kids had to hold down jobs to take care of the little ones. I don't want my kids to have to do this. We are getting 1 million on hubby and $500,000 on me. If something were to happen to both of us, My older kids would have no problems taking care of the little ones with that. With my husband almost 42 and I am turning 39 this month, This insurance will give me a little peace of mind. You never know what could happen, And I can't stand the thought of my oldest daughter struggling to raise my children. She would, And has said no ifs ands or buts, She would raise them, But how nice if she did not have to worry at all about money. I have seen my friends children once since they died, They live in California we live in Kansas, They are doing well but struggle. I would encourage anyone with children, Don't wait, Get insurance!!!! Gotta run the nurse is here to take blood!!!! Happy Tuesday Michelle


Happily Frugal Mama said...

Glad to see you're getting life insurance... one of my daycare babies just lost his Daddy... 31 years old. Now Mama April and little man, Wyatt (3) have to figure out how to live... they didn't have life insurance or any other "plans".

Life can change in an instant. It's made us realize that what we have probably isn't enough... time to look into extras and making sure wills are set up regarding guardianship of the children and who will handle their finances.

frugalredneck said...

I totally agree frugal mama, That is just terrible about the mom and son that lost their husband/dad, It would be unreal if something happened to my hubby with no life insurance, I have stayed at home for the last 17 years, I would have to get 2 jobs atleast, and my kids have never been in daycare or gone to school. I will sleep sounder when all the i's are dotted and t's are crossed!!!!! Thanks for commenting I love to read the comments. Michelle