It Was the Best of Times, It Was the Worst of Times

To continue with Dickens, "It was the age of wisdom, it was the age of foolishness." Months or years from now, how will you describe the current situation? Will you think of the panic of pandemic, an age of anxiety? Or will you look back on it as a rare time you once had to slow down, reflect, and take stock of your life?

 
An age of wisdom can be difficult to achieve in the midst of so much uncertainty. It can feel that nothing is secure; not jobs, not healthcare, not even stocked shelves in the grocery store. And just when many of us wish to reach out to family and friends, drawing them closer for comfort, we're told that we can't. Our very instinct to rely upon each other puts our lives at risk. All these things lead to discouragement, frustration, and a feeling of helplessness.
 
Take heart. There are things you can do to avoid the worst of times. One of the best steps any of us can take in these unprecedented days is to prepare ourselves for what may yet lie ahead. This may mean asking mom to sew some masks. It may mean storing nonperishable food. To truly be wise, it should also mean securing a better financial future. What does that entail? Start with paying down debt, establishing a savings account, and contacting a life insurance broker in Santa Rosa.
 
Purchasing whole life insurance is one of the smartest decisions you can make if you seek certainty in uncertain times. Consider the following:

• Companies cannot increase the cost of your coverage
• The premiums are guaranteed
• Policies come with non-forfeiture options in case you cannot pay your premium
• Premiums can be paid from policy cash values or from an automatic premium loan

 
Get Guarantees With Whole Life

Whole life insurance policies offer guaranteed cash value growth. The guaranteed cash value growth is written into the policy and is not affected by changes in interest rates or the wild fluctuations of the stock market. As long as you pay the premium, the value grows. What a comfort in times when the financial markets are anything but secure.
 
You also get guaranteed death benefits. Although none of us like to think about using this benefit, in reality it eases the stress of a difficult time by providing money just when it's needed most. This benefit doesn't change as long as you pay the premium and is unaffected by any market performance.
 
Because premiums, death benefits, and cash values are all guaranteed, you can go to sleep at night counting on at least this one thing; your whole life insurance policy will always be there for you. Even when store shelves are empty, concerts are cancelled, and weddings are postponed, your policy from a life insurance broker in Santa Rosa continues to grow and earn money for you.
 
Instead of having fear for the future, make it the best of times by planning wisely. For more information on how to include a whole life insurance policy in your financial planning, contact us at (707) 823-3689.