Life Insurance Can be The Most Thoughtful Mother’s Day Gift In 2022
You have probably bought your mother flowers, given her chocolates and a Mother’s Day card or have taken her out to dinner. After all, it is her day and she has done so much for you and your family.
While these gifts are beautiful and thoughtful at the same time, they are temporary and won’t probably last more than a month. So, this Mother’s Day, how about doing something different? How about gifting your mother the ultimate peace of mind in the form of a life insurance policy?
Life Insurance can play a crucial role in keeping her financially secured for a substantial amount of time. Here’s why our Trust Life advisors think that life insurance can be the most thoughtful Mother’s Day gift in 2022.
- Why choose Life Insurance?
Be it a working mom or stay-at-home mom, your mother’s contribution to the family is immense. Her absence would create a lot of financial and emotional stress on the family.
Working mothers contribute substantially to the financial well-being of the family. Some of them are even sole providers for their family which further increases their importance.
Most stay-at-home mothers take care of the children, look after the elderly and do the daily household chores including cooking. Finding a cook, childcare or even house help in her absence can have a considerable impact on the finances of the family.
A life insurance policy, thus, plays an important role in keeping this financial pressure at bay. It can be an unconventional, yet, practical gift to gift to your mother on this Mother’s Day.
- It helps to ease the financial stress
As we have already stated above, the untimely demise of the mother can have an adverse financial effect on the near and dear ones.
Final expenses such as funeral costs, medical bills, etc. can be extremely hard to manage. Especially when it comes to single-income household, covering daily expenses in the absence of a mother can be very difficult. Then comes extra expenses in the form of mortgage bills, college tuition fees, credit card bills, and so on!
A life insurance policy can help to cover some of these expenses and ease the financial stress on the family.
- Life Insurance gives her the peace of mind
In the absence of extra family income, daily expenses such as groceries, electricity, mortgage, etc. take precedence over other key expenditures such as a child’s higher education.
Higher education is costly and thus, becomes extremely difficult to achieve in those circumstances. Compromises are often made in such cases. If there’s a life insurance policy in place, the family won’t have to compromise on their child’s education.
After all, the most important thing on a mom’s mind is her children’s education. So why not gift her the peace of mind through a life insurance policy? This will clearly send her the message that her children’s education is in safe hands even in her absence.
Talk to our advisors for a life insurance policy in Brampton, Mississauga, Toronto, and Hamilton
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