Is Life and Health Insurance Important?

In 2008, I lost my Father to a fast moving cancer. Dad was 85, and had lived a good long life. He worked hard, played hard and was always an excellent role model. I am proud to have had him as my Father, mentor, and friend.

In 2010, we lost Mom. She too was 85 when she passed and like Dad, had lived a good life, and was the best Mom anyone could have ever asked for.

The passing of Mom and Dad taught me many things, the most important of which being the value, and importance of being properly insured, and pre planning for death. Something we must all face sooner or later.

When I was a younger man, thinking about life, health and final expense insurance was not high on my priority list. Youth has a way of making one feel invincible and immortal. Getting older, those feelings have been replaced by the reality of middle age, and the realization that I now have more good years behind me, than ahead.

Today, I'm 51 and fast approaching 52... Not "old" but then again, not young either.

Once upon a time, I was the Vice President of Western Operations with one of America's largest banks. Good salary, 401k's, perks, and most importantly, health and life insurance! Today, I'm self employed and paying 100% of the insurance cost that used to be covered by my former employer! What a HUGE difference in costs!

Accordingly, with the proposed "Obama care" requiring ALL Americans to be insured, the need for affordable health insurance  is more important than ever!

Don't fool yourself thinking you're to young to buy insurance you're not! Accidents and death can occur anytime, anywhere and your age means nothing! I learned this lesson the hard way in 2005 when an uninsured driver hit me.

Be prepared! Any stay in the hospital can cost your tens of thousands of dollars, and if you're not prepared, could lose everything you've worked so long and hard to build! Funerals are not cheap either! If, (God forbid) you died today, would there be enough money to pay your bills, protect your loved ones, and pay the final expense's?

The loss of my Parents, and my aging has taught me the importance of NOT putting off protecting my health, and life until it's to late! I've protected myself, and my family, and I hope my article convinces you too also! Trust me when I say, the small monthly insurance premium expense is far worth the protection, and peace of mind!

Edward Benko is the founder, and owner of Genesis Credit Solutions, Inc. A licensed, bonded, and insured Loan modification, foreclosure prevention,mortgage financing, credit restoration / repair firm which provides legitimate professional help at a realistic cost affordable to any and all. Since 1992, Edward Benko has been a leader in the mortgage, finance, and credit industry by building his career on a reputation of honesty, and integrity..traits not often found in an industry reputed as profit driven, dishonest, and ruthless...