What to Do When Your Partner Doesn’t Want to Discuss Life Insurance
You’re not alone if a conversation about life insurance feels a bit overwhelming. Talking about your family’s financial security in case of any “what ifs” is not easy, but it is essential. The 2018 Insurance Barometer Study from LIMRA and Life Happens, a nonprofit organization focused on educating adults on the importance of life insurance, revealed that while 84% of Americans say that it’s important to have life insurance, only 59% have coverage. If you’re ready to have the conversation but your partner is still hesitant, here are some tips to get started.
Do Your Research
To start the conversation, it helps to have some information prepared. Look for reputable articles and resources that share the benefits of life insurance and the real-world implications of going without it. YouTube has many helpful videos that break down the topic and make it more engaging. The nonprofit organization Life Happens has plenty of resources—including a needs calculator so you can estimate how much life insurance would be right for your family. While you’ll want to take some steps together as a family, it helps to go into the conversation informed with a baseline of knowledge.
Plan the Right Time
It’s important to time the conversation right. Don’t try to force it when your partner is stressed or rushing out the door. Aim for a time when the two of you have few distractions, like on a Saturday morning over your cup of coffee. Try not to put too much pressure on the conversation and keep it positive. Try watching a video together on the subject so you can rely on a third-party expert for the details. You know your partner best and can gauge when the timing is right.
Talk Affordability Together
While thinking of our mortality is undoubtedly daunting, discussing money can sometimes feel just as difficult. But you can’t talk about life insurance without talking about your finances. This step is often best done together as a couple so that both parties feel heard. Get a few price quotes online from local companies, read testimonials and reviews, and schedule a consultation with a life insurance agent to discuss your needs as a family. You may be surprised to find that life insurance is more affordable than you thought.
If you need an ally to start the conversation with your partner about life insurance, our team at Focus1 Insurance Group is here to help. We treat our customers like family and will advocate on your behalf to make sure you get the right coverage for your family. To learn more, give us a call today at 541-772-3120. We have offices in Medford, Bend, and Portland for your convenience.