And Wills. And Powers of Attorneys. And Bills. And big, BIG responsibilities. And even when we still feel like we’re teenagers, living life wild and free, when we actually stop and take stock of our reality, it hits us. We’re the Grown Ups now.
Oye vy. When did this happen? And, more importantly how did this happen to us?!?
Can you tell that the KB household is in the throes of moving house? All of a sudden, with new financial obligations (compounded on top of responsibilities to our children and each other) we realized that we had to do the hard stuff. Life insurance (blech, more insurance premiums to pay – after a while I start feeling premiumed to death!), getting and having all of our “affairs” in order so that we protect each other and our children from uncertainty should our worst-case scenario ever hit.
So, ya. It’s not fun, and it’s not sexy, but it is necessary.
I shopped around looking for the best coverage for the best price for a while and finally settled on Sun Life Financial’s Term Life policy (there is a Sun Life office in town on The Queensway). We had the medical examinations last night (blood word, blood pressure, height, weight, etc. Nothing scary) and now we wait to find out what our actual premiums will be. So, if “they” decide that the extra 30 pounds that I like to carry around (it’s for exercise, of course! YOU try to carry an extra 30 pounds everywhere you go, 24/7 – it’s hard work *grin*) is a hindrance to reasonable premiums, I may have to edit this post to include my Plan B (likely lose the weight or win the lottery.  Either one, really, but I’m leaning towards to latter, to be honest *grin*)
I’ll be back later with a Frugal Wednesday post, but first I’m going to load up our rented mini-van and take my smalls to see Mr. KB for a totally non-frugal lunch at work. I love ‘stealing’ mid-week lunchtimes with him 🙂
How have you dealt with the whole life insurance issue? Group benefits through work or have you bitten the bullet and purchased an individual policy?
Congratulations on becoming a grown up. And no, sometimes it’s not fun. But what motivates me is the embarrassment factor. I don’t want to be sitting around in the hereafter, knowing that all my friends and family back on earth think I was an idiot for not taking care of things the way I should. Not the way I want to be remembered.
Thinking about life insurance and don’t know where to start? Try IntelliQuote. I work with them and you can get free quotes on rates from several different providers without any pressure to buy. Want to talk to a human? They have agents available to help find the policy that is right for you. Not ready? No pressure. But at least it’s a place to start. http://bit.ly/xpBMcI