Insurance Accessible

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Solace Mind® makes Life Insurance Accessible

Many households have often associated life insurance primarily with one thing, which is being able to pay for burial expenses. Although it’s not the ideal conversation people want to have, it’s an essential one, especially for low income and underrepresented communities who are less likely to have adequate life insurance, or life insurance coverage at all. With this sensitive topic, you can’t discuss it in depth without bringing up the inevitable scenario of having to use it one day.

In these ever-changing times, it’s crucial to include your children in these vital conversations about life insurance. Although buying life insurance for your baby may not be something you want to think about as a new parent, it is a direct path towards building generational wealth. Did you know that purchasing a life insurance policy can be an avenue to pay for your child’s education and other financial goals for your family? Eventually, your baby won’t be so little anymore, and accumulating the cash value of a whole or universal life insurance policy now can certainly help in the future for what currently may seem out of reach.

The same world you may have grown up in is nothing like what it was and being proactive is key in creating a better future for your children. Whether they someday want to start their own business or put a down payment on their first home. It allows them to not only be secure but build a level of financial independence that they would not normally have in other circumstances. Sleep better at night with a Solace Mind knowing that you have made a decision, and acted on it, for your child that will set them up for future success.

There are also a number of factors that affect your child’s future insurability. It may not be until later on down the road that your child can experience health complications that might prevent your child from being insured. If you start the process early, they can always be covered regardless of their future health as long as premiums are being paid. “Even in the worst-case scenario, there’s nothing more freeing than having a Solace Mind knowing you have prepared your family if the inevitable happened unexpectedly,” says Sylvia Feliciano.

Utilize your health insurance as a way of building and getting ahead of wealth disparities. Having those tough conversations now before it’s too late can be what separates your family from the rest who don’t educate and prepare themselves in the concept of life insurance for their children. The opportunity to build equity and live a better life is possible, free yourself and gain the reward of having a Solace Mind.

For more information on Life Insurance and Solace Mind®, visit thesolacemind.com or contact

Sylvia Feliciano

sylvia@thesolacemind. com