Veronica does NOT need life insurance.
Veronica is a 38 year old independent woman. She lives in a cabin at the edge of a lake on property owned by her best friend, Kim.
Veronica gardens, hikes, and plays solitaire while listening to old jazz records she inherited from her late parents. She has no kids. She owns no property, assets, or even a bank account for that matter. She doesn’t even have a mobile phone. She does have an old computer though, so she can keep track of what’s going on in the world. This allows her to communicate with Kim, who visits Veronica once a year to bring her seeds for her garden and a bottle of wine.
Veronica has no family, no dependents, no spouse, no parents, and no job. It’s just her and the cabin, the lake, and her vegetable patch—and you know what, she likes it that way.
Veronica’s situation isn’t typical. She really doesn’t need life insurance.
If you’re NOT like Veronica, meaning you do have kids, a spouse, a house, assets, a bank account, etc.—you probably need life insurance. And with the speed at which life changes these days, you probably need a life insurance review ASAP.
Veronica can remain off the grid, she’ll be just fine. But for those of us who live ON the grid, make a point to check in with your financial professional this Life Insurance Awareness Month to discuss your updated financial security needs.