Today I was offered a life insurance policy. How bizarre? I was made aware that you are never to early to start a policy. And quickly educated on how little my payments can be for a $75K or $150K payout.
But what I find so crazy about life insurance is the boiled down message: what are you willing to pay [read bet] against your own life? What is the likelihood you are going to get into an accident or die and how much are you willing to pay for that likelihood?
And then I get faced with a personal dilemma. Is it right for me to be preparing to die? As a 25 year old singleton who wants to move abroad and serve her Master till the end, is there a place for life insurance? How much do you trust the Father to provide for His timing to take you versus being wise and prepared?
Well, frankly, I don't really know.
First, is this the doubtful-whether-I'll-publish-this post?
ReplyDeleteSecond, my district manager at work, I forget his title, commanded me to do two things: enroll in 401k and take out life insurance. I instantly agreed with the 401k because planning for retirement makes sense. But I objected to the life insurance.
"I'm 20, what do I need life insurance for? I don't think I believe in it," I said.
"That's why you should sign up now. It's early. You don't have any sicknesses or asthma or smoke or drink yet, right? (I nodded) So now's the perfect time. It'll be dirt cheap for you to start and when you're nearing 50 with a family — which is sooner than you think — it won't be so easy. Having a family changes everything. You start thinking and worrying about everything. And then, it'll be too late to get life insurance. Well, not too late, just much harder and more expensive. I'd highly recommend seeing how much it is and starting now. […]"
I wasn't sure if his advice was proven secular wisdom or just bet-on-everything-even-your-death banker talk.
But he may have persuaded me, because life insurance tempts me.