Birthday Insurance
Love knows no bounds. Especially the love of grandparents to their grandchildren. How do you like the idea of “Birthday Insurance,” a type of Life Insurance that sends grandchildren a birthday card and a check, for the rest of their lives after their grandparents passed away? Do you see this insurance product as a financial-planning tool or just a weird way to keep memories tangible?
Money (a check of $100, or $500, the sum depends on what you actually sign up for) comes with a “personalized” greeting card, as sentimental as 30 characters Commemorative Life provides you with allow you to be. It repeats year after year. This sounds pretty much like a scenario to a movie about afterlife with messages from above, don’t you think?
When it comes to money, the conversation often gets tougher. Doubtful that grandparents want to be remembered for providing a regular gift check only. We talk about a certain amount of money received annually in this case, it is likely that the buying power of the sum will decrease, making it rather a routine procedure than a meaningful act and real financial help. Will it make the memories faded and devaluated too?
It is important for grandparents who want to create a legacy and provide their grandchildren with something meaningful in terms of money, to consider some Life Insurance type, but I’m not sure about this particular one. Being a caring grandparent when you are alive pays a lot more.
Hello,
Many of us remember warm and wonderful birthday cards from our grandparents as we were growing up. Anyone who has completed their 4th birthday and not completed their 18th birthday at the insurance coverage start date.
Thanks,
Mark Smith(http://www.healthinsuranceinfo.org/)
This is a strange thing to do. But, as for all other presents that you’d give, it’s the thought that counts. And if you thought of something even when you’re not there, probably would show that it meant a lot more!