September
is Life Insurance Awareness Month. It's the one month each year that
the life insurance industry coordinates a campaign aimed at educating
folks about the importance of life insurance and helping them get the
coverage they need. I don't want to bore you with a lot of statistics,
but a recent survey from LIMRA (Life Insurance Marketing Research
Association) found that only 59% of Americans own life insurance and
about half of those are underinsured. So that means that 70% of the
population either has no life insurance or has too little life
insurance.
Fr.
McGivney lived both the social and the financial insecurity of a
desperate family, with the breadwinner suddenly taken, that had to be
supported. He left the seminary to work and support his mother and
siblings. He didn't want other Catholic families to find themselves in
such a predicament. That, and uniting men of faith, was the impetus for
establishing our Order. Everyone who joined in those first years was
insured; that was part and parcel of being in the organization. Now
every member has a choice and every member should know what we do, and
how we do it. Here's the process I use when I meet with families unsure
of their life insurance needs:
1. Discover - Identify & prioritize your financial goals
2. Gather Data - Collect facts & figures based on your current situation
3. Analyze - Input data, run calculations, identify shortfalls
4. Recommend - Propose a financial strategy designed to satisfy your goals
5. Implement - Choose a financial strategy and implement
6. Periodic Review - Review regularly, measure success, make adjustments
As
you can tell, this is a painless process. But it can help any family,
at any age, determine if they have blind spots in their coverage. It can
help you avoid the pain of being underinsured. With a variety of life
insurance products we offer we can help just about any person within any
budget.
I
don't know about you, but I don't want to buy life insurance...I want
to buy what life insurance provides: no change in lifestyle for the
survivors...in the house where they want to be. It'll pay for a
daughter's wedding, a child's college education and much more.
What does life insurance provide? Peace of mind, security, freedom from anxiety, a safeguard from the unknown.
That's
where I can help. The final decision is yours, but please email or call
me if you would like a free review of your current situation or would
just like to know more about the various life insurance policies the
Knights of Columbus offers.
Vivat Jesus!
Brother Marty Gibula
713-823-9182
