I just turned 61 last month and it has begun to really hit me that I am actually getting old. I really never thought of myself as being old before, but once I seen the other people my age at my birthday party, I realized that I am getting kind of old. Because I am aging and beginning to accept it, I thought that it was time for me to look into life insurance rates. I never gave life insurance any thought before.
It was kind of an awkward moment when my son made a joke about getting his inheritance from my life insurance policy and I had to tell him that I did not have any life insurance. I thought that he was going to flip out and start screaming at me. He was more than a little bit worried about the future and how he was going to take care of things when I passed away.
I already have a small pile of debts that I will have to take care of and if I was to pass tomorrow, he would be stuck paying for it. You never know when life could end and you should really be prepared for it if you do not want to leave your loved ones drowning in a mountain of debt that you have created.
I was able to learn a lot about life insurance and the cost and coverage limits that it offers. I was able to find the policy that I thought would be perfect. It provides enough of a payoff to cover my funeral expenses and more than enough to cover any debts that I may leave behind. I hope that I have done well by my son and that he will not have to pay for anything when I pass.