Her Honeymoon With Life Had Just Begun

Category: Finance, Insurance.

Margaret Donaldson sat in the living room of her smart 3 bedroom home near Fulham Road in London. The very house where her life, her dreams and her hopes had taken root.

Her eyes were watery and her hands shook as she finally signed the sale papers of her house. She remembered when, almost ten years to the day, a receptionist in, when she a small company married Michael, who was the Sales Manager in her company. Her honeymoon with life had just begun. She remembered their wedding day, her friends, the vows, her relations, everyone. It seemed like only yesterday when Michael had grabbed her in his arms and carried her into this very house. Margaret remembered the days when she had brought her two sons, into their lives, David and Jonathan. Michael was so charming, so full of fun and energy and there was never a dull moment in Margaret s life.

She remembered the joys of raising her two boys and how Michael helped her in their parental duties every step of the way. He spared no expense to ensure that his sons went to the best schools, he worked overtime to repay the mortgage on their modest property. Michael was a good husband and a great father. He had done everything in his power and ability to keep his family happy. And then, out of the blue, Margaret s life changed forever. Margaret had never felt the need to work nor did she develop any new life skills. Michael was diagnosed with an aggressive type of cancer.

They tried chemotherapy, etc, radiation. The hospital did its best to cure him. Nothing helped and within a month, Michael had passed away, leaving his loved ones behind. Whenever the bread winner in any family passes away, everything boils down to money. And that is when Margaret s honeymoon with life really ended. Michael had not protected himself financially and had neither health insurance nor life cover. He didn t leave much behind.

He d always believed that he was too young and it would be something he d get around to. The schooling and the living costs ate up his salary and all that was left was the house. Margaret had to sell the house to pay debts. The very place where Margaret had lived her life and now she was being forced to sell. There were school fees due. After that, there were the daily living expenses.

Then there was that loan Margaret had taken from a friend to pay the funeral expenses. And there was no one to provide for the house. Things would have been different today. If only Michael had provided for his family by protecting himself with a life insurance policy. Margaret would not have to sell the house and move to an unfamiliar area to buy a cheaper property. Her eyes still wet, Margaret signed the sale deed.

Nor would her sons be exposed to the harsh realities of life at such a tender age. She had sold the house for just under �300, 00She would now use half this money to buy a small 2- bedroom semi and use the rest to pay the hospital bills and other debts. Margaret was starting life all over again. What little was left was deposited in the bank. A life where she needed to work, where she needed to pick up new skills and a life that would never be the same again. And, for all you know, this could be the story of thousands of Britons. That was Margaret s tragic story.

If you have financial responsibility for others, you need to realise that anything can happen in life and you must be prepared for any eventualities. You need to be protected. You owe it to your family, to those left behind, just in case the worst should happen.

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