Life insurance, one way to protect family finances from bankruptcy
When we begin to marry, one of the tasks we need to fulfill is to protect our families. Protect them from what? There are many potential risks that can happen to your family out there. In fact, it also does not rule out the potential risk will happen to you until forced to leave your family without any certainty and protection, especially protection of their future.
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Independent Financial Planners will of course speak of family protection in the financial context, not physical protection. I would like to invite you to think about the importance of protecting your economic value (if you are the head of your family and your source of income). Economic value?
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Basically, everyone who is working and earning income, which is then used as the cost of family livelihood is considered to have economic value. This economic value should be protected for the sake of survival of your family.
Have you ever imagined, when you die, how the fate of the lives of family members you leave behind? Is the inheritance you left behind enough to cover their living expenses? Or if you or your spouse is from a family, do you still want to bother them by asking for a living expense?
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Protecting this economic value is done by preparing life insurance. This one financial product, needs to be prepared so that other family members can still continue to live by utilizing the Sum Insured is liquid when the livestock is dead. However, what needs to be considered then is with so much and the complex type of life insurance, not everything is suitable for everyone. Keep in mind and adjust to the needs and character of your family.
Many people do not pay attention to what they will generate after they die, believing that they will always be alive and do not realize long-term planning.
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