Is Your Life Worth A Dollar A Day?

This message is relevant any day of the week, for any man woman and child across our great nation…

How sad is the story of Shannon Stone, the 39 year old firefighter who tragically died while reaching out for a baseball at a recent major league baseball game?  Incredibly sad, especially as his 6 year old son was by his side.

I imagine through his work his son and other family members will benefit from his life insurance.  Though often the only life insurance one has is through their employer.  Do you know what a dollar a day buys in life insurance for a 39 year old man?  It could be a million dollars in term life for a healthy non-smoker.

What’s a dollar a day to you?  A coffee at Turkey Hill?  A bottled water at Wawa?  A candy bar from a vending machine?  A scratch and win lottery ticket?

I’ll bet you don’t have to think to hard to come up with the name of someone you know who died unexpectedly.   My gut aches when I see people doing fundraisers for a family that lost a parent too soon.  God bless the goodness of those who sell subs, hold a car wash or set up a golf tournament to benefit the family.  But really, how much can that do?

When you add up the final expense costs, medical bills, lost income and other financial obligations, like mortgages, college educations and consumer debt, the number is often well into high six figures or low 7 figures.  Most families struggle to make ends meet with 2 incomes, how can they do it with one income?  A dollar a day.

Everyone’s situation is unique, and maybe a dollar a day won’t buy a million dollar policy.  What if it was only 100,000 dollars?  That’s still enough to have enormous impact.

What about you?  Do you have life insurance?  Do you own some outside of work?  Do you have enough?  Can you spare a dollar a day?