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Death is never an easy topic to discuss, but in some instances, it’s necessary to bring it up with those closest to you. Such is the case when it comes to talking about life insurance with your partner. In the event they passed away without having a policy in place, this could leave your family facing significant financial hardship. Thus, it’s important to have this conversation before it’s too late. Below are some good ways to approach the subject. 

Tips for Discussing Life Insurance With Your Significant Other

1. Make Sure It’s the Right Time 

Life insurance isn’t generally something to bring up on a whim. It’s best to set time aside and make sure you’re both in the right mood to have such a serious discussion. Often, people are more comfortable talking about it after a major life event has occurred, such as the birth of a child or new home purchase. These milestones signal a change in financial needs and responsibilities. 

2. Do Your Research 

life insuranceBefore sitting down with your partner, it’s a good idea to do some research on life insurance so you can be prepared to give them facts and answer their questions. A professional agent can help in this area, as they will be able to explain the different policy options and the costs associated with each. Many people don’t realize how affordable life insurance can be until they are presented with the numbers. 

3. Focus on the Benefits 

Center the conversation around all the ways life insurance would benefit your family. Point out that it can help you continue to take care of household expenses, outstanding debts, and your children’s college education. Explain that without a life insurance payout to replace your partner’s income it would create a heavy burden on you to manage the mortgage, childcare, and everyday living costs. 

 

Don’t put off the life insurance talk with your significant other. If you need assistance bringing this topic up, the professionals at Hummel Insurance Services can help. The agency has been a trusted source of quality insurance products for more than 70 years in the Oakland, IA, community and can provide you with a great deal of valuable information. When you’re ready to shop for a policy, they will be happy to go over all your options with you. Call (712) 482-6424 to request insurance quotes, or visit them online to learn more about the different types of life insurance plans available. 

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