Death Vs. Life – And the Truth We Don’t Want to Hear

Death asked Life: ‘Why does everybody love you and hate me?’

Life replied: ‘Because I’m the beautiful lie, and you are the painful truth.’

This quote has a deep reflection of our connection with life and death, that is where life insurance is involved, the truth is generally misunderstood. Let us understand why Life insurance is avoided by many, and why it is so important.

The Beautiful Lie vs. The Painful Truth

Life insurance positions itself at the intersection of life’s beautiful promises and deaths unavoidable reality. While life is something we cherish, death is something we tend to avoid thinking about. This creates a natural bias where we live in the moment as postpone planning for the unexpected future.

When we hear the term “life insurance” our minds normally jump to the “death benefit” aspect, while it protests loved ones after we are gone which is only half the picture. While it’s true that the life insurance is a financial safety net for our families, it’s equally important to acknowledge the living benefits it offers.

The Misunderstood Truth Above Life Insurance

For many people, the thought of life insurance brings up the notion of “paying premiums for something that won’t benefit them directly.” But it’s not the only truth: Insurance isn’t just about death. It’s also about life.

Life insurance, especially those with living benefits, can protect you even while you are alive, especially in the case of a major illness or disability.

Living Benefits: Protecting You in the Present

Life insurance not only protects your family when you’re not around; it also safeguards your financials during life’s challenging moments, like critical illness or being disabled, by providing a lump sum, which are the living benefits given to the policy holder.

Critical Illness Riders and Disability Riders attached to life insurance policies are examples of how insurance plans offer living benefits. These riders/add-ons ensure that if something were to happen to your health, weather it’s a cancer, a heart attack, stroke, or total or partial disability – you (policy holder) will have the financial support by receiving a lump sum payment from the insurance company.

Why People Hesitate to Buy

The biggest reason why people hesitate to buy life insurance is that it puts one face to face with our own self mortality – an unpleasant reality we frequently do not want to accept. And many others are discouraged by the misrepresentation such as:

• It’s too costly: The reality is, the younger you are, the most affordable life insurance is. That said, if you don’t have one yet, now is the best time to take one. Insurance isn’t just bought with money - its primarily given based on your health.
• My premium will increase if my health changes: The trust is your premium stays locked during the entire term, regardless of how your health changes in the future. Once the policy is stated the same premium continues. Hence, it’s always encouraged to take the policy earlier since the lower the age lesser the premium.
• I don’t need it yet: Many waits until it’s too late. By securing a policy early, you ensure that you are protected not only for your loved ones but also for yourself
• It’s just a death benefit: As we have discussed, life insurance can offer much more than just protection and death. With living benefits, you can stay covered during your lifetime as well.  

Start Early, Stay Protected

It’s a truth but it’s even more sad to accept that life is unpredictable, but that’s exactly why life insurance is so important. Whether you are looking for a way to ensure your families financial future or to protect yourself from a health crisis, life insurance is the only solution without and substitute.

The time to get life insurance is now – before life’s unexpected moments hit.

Never wait until it’s too late. Secure your life insurance policy now to ensure that yours and your families future, also to have the peace of mind that comes with the awareness that you are financially protected – no matter what surprises life may bring.

Zap. Insure. Nap Easy.