No one ever plans on an accident. Sometimes, when you hear of one, you think, “What if that happened to me? How would my family deal with that?” But then, if you’re like most people, you turn your thoughts to something else, something more pleasant. Maybe by not thinking about it, you can make it not happen. This kind of head-in-the-sand thinking is the exact opposite of helpful, because according to a recent report, accidents are on the rise, and to make sure your family is ready, you should review your life insurance coverage.
According to a report from the National Safety Council, accidental deaths are at an all-time high. In 2014, 136,000 people in the United States died from a result of an accident. That number is up 4.2% from the year before, and up an astounding 15.5% from 2004.
There were a few notable trends in the report, with an increase in deaths from accidental overdoses and falls. The good news, is that deaths due to motor vehicle accidents is down, and is being attributed to safer vehicles and changes in-laws for young drivers.
This is a scary report for just about anybody. We don’t like to think about a loved one being taken from us without warning. But an accident, is, by nature, unpredictable and those left are left no choice but to pick up the pieces and keep going forward.
One way you can ensure family members are taken care of is through life insurance. It provides for the family to make sure financial needs are taken care of. So in the stressful months and years after the accident, you can be sure that money needs are not causing additional strain on the family.
If you don’t have life insurance, now is the time to take that step. With many choices, there is a plan that fits your need and budget. If you do have life insurance, chances are you haven’t evaluated your policy in a while, and it may be time to make some changes.
Remember, accidents always take us by surprise, but you can plan ahead to make sure those who are left are taken care of. For more information, contact us.
Rob Macoviak is the President of Oyer, Macoviak and Associates. Oyer, Macoviak and Associates is the oldest independent insurance agency in Boynton Beach and has been in business since 1953.