Jenny Life Insurance

This is a sponsored post with Jenny Life Insurance and BraVoMark. All opinions are mine.

 

I feel pretty blessed to work for a company that offers some great benefits.   I remember when I first became employed. There were so many options to choose from…health insurance, dental insurance, vision insurance, life insurance, disability insurance, health care spending accounts, child care spending accounts, etc…  The list seriously goes on and on. Being relatively young and naive, I just signed up for what I thought I needed. There was no looking back after that day. I have pretty much survived nicely on what I had signed up for. Why would I need to look at it again?

 

Well, believe it or not, there comes a time when you really need to think about what you have signed up for, even at an early age.  Whether you have a family or not, there are just some lessons about benefits you just need to be aware of! Life insurance is one.  

 

Death, although it is not a topic that people want to discuss, is something that affects us all. Being prepared in advance will help to lessen the burden and hardship that a grieving loved one will be faced with.  The costs associated with death are enormous. Funerals can easily cost loved ones thousands of dollars. This does not include the cemetery plot or the actual burial.

 

A life insurance policy can cover the cost associated with the death of a loved one.  The last thing you want to do is leave your family with the financial burden of paying for a funeral when they are already grieving the loss of you.

 

I have witnessed this firsthand.  My maternal grandmother passed many years ago.  The family was not prepared to address the loss because they discovered that there was no life insurance.  As a result, my mother had to bear the burden of all the costs. We were fortunate that one piece had been taken care of prior and that was the cemetery plot.  Everything else was her burden to bear. I sat by and watched her not only grieve for the loss of her mother but also worry about where the money would come from to deal with this.  Had there been life insurance in place, my mother would not have had to use her credit card to cover the expenses. Imagine being reminded month after month of that loss as payment after payment had to be made.  

 

No one is promised tomorrow.  Making sure that you are prepared is something that should be a priority in your life.  Just look at the highlights below from interviews that Jenny Life Insurance had with four separate women that recently lost their spouses.  

 

  • All stated that they wished they had MORE life insurance.
  • All were surprised by how LITTLE the policy face value was through their spouse’s employer.
  • All were uncertain (at first) about how they would get the insurance $$$ (payout/redemption).
  • Anticipate that some will try to take advantage of you (e.g. overcharging for expenses) during your time of weakness.
  • Discuss all financial transactions above a couple hundred dollars with a friend/family member to make sure the purchase/financial decision is sound.
  • Immediately connect with a friend who has lost a spouse as they can prove a source for a wealth of information.
  • Build a “support team” of 3-5 friends/family that you can put around you. Ask them for help and lean on them for help.
  • They recommend that when you lose someone to start two boxes: 1) one for bills, 2) one for condolence cards. You’ll want to have a central place for all the bills that you can in time organize. Many condolence cards include thoughtfulness and even $$$. In time, you may want to send out hand-written notes and thank you cards to some of those people who showed they care. The process can prove therapeutic.
  • Expect that the groups you hung out with previously can change. Two women cited being felt like they were left out because their spouse was no longer alive.
  • Learning how to cope with the state of shock/blur/cloud/haze was difficult.
  • Anticipate people who you think you should be able to lean on won’t be there to support you, and people who you could have never imagined will step up and help you.
  • Find a counselor, therapist or other mental health professionals who you can work with.

As you can see, life insurance is necessary and sometimes complicated.  What you have to realize is that the benefits you signed up for under your employer only cover you when you are employed.  Let’s say you retire from your job when you are in your early 60s. For a short period of time, you may elect to continue your coverage but the fees associated with that will be greatly increased.  There will come a time when you will not be able to continue to carry it, and that will leave you stuck with nothing until you qualify for Medicare or Social Security. Now you might not think that is a big deal, but I disagree.  These programs do not cover those death expenses. They are not life insurance.

Investing in life insurance that can continue long after you are employed is ideal.  If you are in your 50s and beyond trying to find life insurance, you may run into some issues.  The first of which is a healthcare screening. Companies do not want to cover you if your health is not what it should be.   That is why they ask for a healthcare screening prior to you signing up. While your health may be fine as a young person, you can not guarantee that will be the case as you grow older.   Even if you do qualify, the cost of insuring someone late in life is much more expensive. Investing in it at an early age would be best! That way you can get the best rate.

The entire process of purchasing just the right plan can be exhausting and time-consuming. Thankfully, Lief and Chirag, two husbands, created a way for people to navigate through the process of purchasing life insurance through the convenience of an app.  That’s right!  No more tedious amounts of time need to be taken away from your family trying to meet agents, taking medical exams, filling out applications, and answering questions over the telephone.   Simply download the app and on you are on your way to ensuring your family’s future.

Jenny Life Android App

Jenny Life iTunes AppStore App

Jenny Life, created by a Seattle-based team of insurance specialists and software engineers, have made purchasing life insurance less complicated so you can devote your time to what’s important in your life, family!   Using modern technology, anyone can find the insurance plan that fits their life and budget. The Jenny Life app allows you to get an instant quote and apply for life insurance entirely from your mobile phone.  It can’t get much easier than that!

Don’t be fooled into thinking that you can do it later or that what you and/or your spouse have from employers is enough or will last your lifetime.  The truth is it never is! Invest in your family’s future today while you are still here and have that opportunity!

 

 

“Moms can’t live carefree. Your whole life is built around caring. We’re making it easier for you to care.”

Chirag, One of the founders of Jenny Life

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13 Comments
  1. vickie couturier says

    great information,,lots of people dont understand that if they havent made arragements that the cost falls to the family,,i have my plot all paid for at the cemetery,,but not the funeral,,but have enought life insurance to cover that so my kids dont have to do that ad will is important too very important

  2. Kristy Bullard says

    This sounds like a great app! We already have our life insurance – now we need to get our wills in order. It’s not something I like to think about but I wanna make sure our children are taken care of if something ever happens.

  3. Kansas Bonanno says

    seems like a great way to utilize technology for your needs. Thanks for sharing.

  4. kumamonjeng says

    Great tips on life insurance and glad that you have break into many point forms, easier for reader to digest and get the point immediately.

  5. Elizabeth O says

    This sounds like a really great resource. Life insurance is really important as you know your family will have help when you are gone.

  6. Dana says

    I how technology helps us with so many things every single time. This looks like a great app, will look into this.

  7. Megan says

    This is a very cool resource! I’d love to look into it further –– I appreciate that you’ve taken the time to share!

  8. Shoma says

    I am so glad I have life insurance and I feel at ease since I purchased a policy for my baby last month. It really does make a difference.

  9. Sarah says

    This is so accurate – having life insurance is so important and yet, so many choose not to get it, or have no idea even how much they have. It’s especially important if you have children that will require childcare if you aren’t around to take care of them! Great details – thank you!

  10. Wendy Polisi says

    Life insurance is on my list of research. I will have to check into this one for sure.

  11. Ann Snook-Moreau says

    Even though I don’t have kids, my husband and I really need a life insurance policy. We are recently married so it seems important in case of a tragedy.

  12. Tiffany says

    I know exactly how important this can be! My sister’s boyfriend passed away almost two years ago when their baby was almost two months old. He hadn’t put anything in place and they weren’t married, so her and their daughter weren’t left with much. It seems like a morbid topic but we don’t realize how necessary it is!

  13. Esme Sy says

    Your final line is supposed to be the spark for everyone out there still doubting the need for insurance. It’s investment for your future and for your family, ’nuff said. It’s to have some sense of peace and security. It really helps. Glad that a company like Jenny Life is out there making a difference.

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