A love letter About Life Insurance

A love letter About Life Insurance -
I recently came across a yellowing sheet of paper with a typed letter; it was a copy of a note I had sent to my son. Date on the letter was November 21, 1989, my son was four months at the time. As I read it again after so many years, I realized something. While I was telling him about the life insurance policy that we had bought for him, he was in fact a love letterLove Letter, you say? What life insurance has to do with love? Well, okay, it is. The key is that you buy life insurance because you love people and want to protect them financially.I may be biased because I work in the industry, but take a look at the letter to my son, and see if you do not agree: Dear JP: Today is November 21, 1989, and maybe you're wondering what the day has to do with writing you this letter. While you're only four months now, I hope this is a date you'll remember, because today we bought for you a life insurance policy. It is one we like and it will be for your use for the rest of your life. JP, the difference between financial success and failure is often determined by whether or not a person can discipline themselves in a consistent and conservative financial strategy . Life insurance is ideal in this respect because it has stood the test of time both for family security and savings; it is the largest savings plan in the world because it works! It may be that you will have to use the cash value of the policy several times during your lifetime and at that time, we hope you will remember that we started this to your advantage. this policy carries with it two features of particular importance. The first is an automatic purchase option, which will allow us to increase your coverage as you reach a certain age. The other feature is the one that was very significant for me in my financial life and it is called disability waiver of premium. This means that if you should ever become disabled, your financial plan will auto-complete for you and your family. This policy is a special gift of love and affection both your mother and me; and we suspect that it will be remembered long after all the other gifts are forgotten May the blessings of God be with you always. Love always, mom and dad