You have brought up a very touchy subject for many of us. My husband could not get life insurance unless we were willing to pay $2000 a month or more. He was considered 'high risk' -- and this was before the Parkinson's diagnosis. Douglas was a service connected disabled veteran and all we were able to get for him was $30,000 through the VA. Did that help me? Sure, because I was left with many medical bills that the VA should have paid but did not. It has been 2 years and I am still fighting them. Unfortunately Douglas was not among the group of today's veteran who is respected and given many kudo's. Nope, he was spat upon, in his pajamas as he was unloaded from the airplane that medi-vaced him home from Viet Nam. But that is another subject. I am glad that you were able to make thinks right for you and your spouse. Again, insurance companies make the rules and Douglas did not fit into their neat little package of "acceptable" -- oh, well. He is at peace now and that is what matters. No amount of money will bring him back. His funeral was paid for prior to his death and we had no debt. I worked full time and made sure that our debts were paid off and money saved. You do what you have to do. Not everyone is as fortunate. I had "time" if you want to call it that to prepare for the inevitable. But for the widow/er who is faced with that sudden death there is no way to prepare. We all go through so much when we lose our partner/spouse and we will get through the aftermath. This I promise!
Have a great day.
Thank you so much for broaching this subject Virginia. It is so important to most. Luckily Bill had a small policy that was enough for his cremation and he had good investments that are helping me now. He had been a widower when we met so understood about having things right. I am insured so my daughter can take care of everything for me when the time comes. One thing that I also learned the hard way as some of you might have also was the credit cards. I did not realize that some of our cards were in my husbands name and i was only a signator. The companies cancelled these immediately on his death without even telling me til i tried to use one. They said i had no right to them since he was gone. Yikes, so glad i had learned by having been divorced previously how important it was to establish my own credit and had a couple of cards in my own name because it was difficult losing the other cards we had shared. Please all of you, have stuff in your own name as soon as you can to get YOU ESTABLISHED AS A PERSON. We loved being part of a pair and I know many feel they still are but it doesn't help in this financial world out there. You must now take care of yourselves in any way you can..
Everything we had was in Rich's name and I had no rights to anything even though there was a will. Guess it is what God wanted. May all of you find peace.
My husband didn't have life Insurance but he thought he did through his company that he worked for. I found a carbon copy of the paperwork he had filled out and signed and made me beneficiary but when I called his company, they said they didn't pull it out for the employees, only medical and dental. My husband died suddenly and I know that he would not have wanted me to go through what I did because of no life Insurance. When my husband retired from the Air Force we could have continued to pay on the Life Insurance they had but it was way too expensive and my husband didn't have a job for some time and the retirement doesn't start coming in for over a month after retirement. It took him a while to finally find a good job that paid well and then he went into a coma on his job and then 2 weeks later died. Never came out of the coma..Sometimes at the age of 50 u don't think of those things that much because u believe that u are going to grow old together and 50 is not old..I pulled out life Insurance on myself not long after he died so my children wouldn't have to worry and I also have a will so they know my wishes. I was and still am on permanent disability so I didn't have a job that gave any benefits like life Insurance..some of us are not so lucky to have the money to prepare for a death no matter when it happens to us or our spouse..