The unspeakable: discuss with a spouse life insurance

Death is not a popular topic at the dinner table. For married couples, the idea of a spouse die may seem unbearable.
However, life insurance is essential to protect the financial future of your spouse and your children. For this reason, it is crucial that married couples discuss this type of coverage.
"Couples who discuss life in the planning of their financial future are more likely to be on the same page about their financial expectations and their plans," said David r. Quinn, internal sales support manager for State Farm Insurance.
Almost one-third of the couples have no life insurance, according to a 2010 study from LIMRA, an insurance research organization. It is the highest percentage of households without coverage of life insurance in 40 years.
Most people understand the importance of having life insurance, according to the results of a survey conducted by State Farm Insurance.
The results show that 85% of respondents believe life is important for parents to work and at home.
Yet, many people prefer not to discuss life. Among respondents to the survey:
74% seldom or never talk about life with their other64 important percentage of women say they are too stressed to discuss life insurance
Is the best time to talk about life before your family is facing a crisis situation.
Discussing life after a layoff? When tensions are sure to be high? is more likely to cause moral prejudice that talk when your finances are stable. In addition, it may be too late for affordable coverage secure after the diagnosis of a serious or chronic illness.
To avoid misunderstandings and misconceptions about life insurance, Quinn suggested sitting with a third party.
"Bringing in a competent expert can help couples who outside the point of view," he said.
A third party may also give couples a better understanding of their life insurance options and help them make the right decisions for their families, their needs and their budget, said Quinn.
Once a discussion is in progress, start by budgeting and to learn more about life insurance options.
"Couples can start small with planning," said Quinn. "It may be overwhelming to develop a plan long term, but if you start small, as raise awareness you of life insurance or the establishment of a monthly budget, it can set the path to greater changes and next steps later."
When attacked in small steps, the process of purchasing life insurance can be an opportunity for couples to come together in support of their common goals.
"Life insurance discussions can focus more on the love and care of the family and less on the sadness behind the loss of a loved," Quinn, said. "" "". "Take care of the future of your family is a positive direction for any couple."

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