It can be emotionally difficult to come to terms with the fact that your parents are getting older, and even more difficult to have conversations with your parents about what will happen after they’re gone. Talking to your aging parents about life insurance choices can feel uncomfortable, but it’s worth it in the long run. Read on for three tips on how to make the conversation a little bit easier.
It’s important to remember that your parents have a wealth of life experience and are capable of making their own decisions. You may want to guide them in a certain direction when it comes to life insurance, but when all is said and done, the final decision is up to them. It’s ok to offer your ideas and suggestions, but this is not the time to start an argument.
It’s a good idea to include your siblings in this conversation with your parents. Before approaching mom and dad, have a talk with your brother(s) and/or sister(s) to see if you’re on the same page when it comes to life insurance- you don’t want any surprise disagreements to pop up.
Agree to Disagree
These conversations can be ongoing, and it’s ok if your parents don’t receive the conversation well the first time. It may be necessary to come back and try the conversation again another day.
Before discussing life insurance with your parents, it’s a good idea to know what the different options are. A qualified agent at THINK Insurance & Financial Services in Pomona, CA will be able to help you decide what type of life insurance policy makes the most sense for your parents.