Pandemic Reset: 3 Steps to Make You Feel More in Control
Updated: May 21
None of us need to be told how much COVID-19 has affected every human being on this planet. We are now more consciously aware of our mortality rather than our immortality for the first time as a collective.
None of us are invincible.
With that being said, we need to be prepared for the worst... at all times. Not just during the pandemic of 2020.
Get an advanced healthcare directive. You want to make sure that someone has the ability to speak for you in the instance that you cannot speak for yourself. Otherwise, the decisions will lie solely An advance directive is a set of instructions someone prepares in advance of ill health that determines his or her healthcare wishes.
Get life insurance. If anyone depends on your earnings or unpaid labor, it’s absolutely essential to have at least some life insurance in place. You don’t purchase life insurance for yourself. You purchase it for the loved ones you leave behind. You can ensure some financial relief in the instance of your absence. Typically, this can pay for your funeral costs, the mortgage, left behind debt, and even college funds for your children or grandchildren. Any amount of life insurance is better than none at all, so contact an agent to get a policy that works for your life and budget.
Consider disability insurance. Illness and injuries are apart of our everyday life. None of us are ever guaranteed another day on this earth and many of us rarely go unscathed. So many times, illnesses and injuries happen that often have long roads to recovery and can many times have a direct impact on steady monthly income. That is where disability insurance comes in. It is basically insurance to guarantee an Onit roof over your head and food on your table.
Understanding the reality of our morality is never a fun conversation or thought to consider. But, it is always better for you and your loved ones to be proactive than reactive.