March 2022

Have you ever received a Go Fund Me request for someone that has passed and the family is raising funds for the surviving family? Maybe they are asking for donations to a college fund or to help pay the mortgage. Sadly, I have received a few of those requests and we always give what we can.

The problem with these campaigns is that they are woefully inadequate. Raising $5,000, $10,000 or even $20,000 may help a family make it through the first year, but what happens after that? To help put this in perspective, if someone earning $100,000 annually is no longer with us, that equals $2,000,000 over the next 20 years, not taking into account pay increases and inflation. Raising $20,000 in a Go Fund Me campaign is replacing just 1% of that $2,000,000 in lost earnings.

Being financially responsible for your family also means being responsible enough to protect your earnings against tragedy. If you are not able to use savings for your family to maintain their lifestyle, then how will your surviving family pay for housing, vacations, private school, college and continue to contribute to your retirement savings accounts?

Please visit lifehappens.org to learn more about life insurance and read some of the stories of real people that have benefitted from the power of life insurance.