Discussing death is never an easy topic. It can be even more difficult when you are discussing it with your own aging parents. Discussing life insurance issues with your aging parents may feel awkward or uncomfortable, but it is a necessary conversation to have. The folks at HBW Insurance Group are here to help you navigate these difficult waters. We are now serving Catonsville, MD and surrounding areas. 

Why You Should Have This Conversation

In some cases, parents have not shared with their children the necessary information which they will need in the event of their death. The details of existing life insurance policies, burial information, and other related topics often get avoided. Taking the time to have a conversation in which these details are explored will help you be able to take care of your parent’s final wishes as well as deal with the expense when the time comes. 

Life Insurance Concerns for Aging Parents

This topic should be explored with your parents to ensure that they have sufficient life insurance to cover their final needs. In many cases, life insurance policies were purchased years, even decades previous. The coverage amounts in these policies may not be sufficient today. It is important to discuss this issue with your parents in the event that additional life insurance needs to be purchased. 

How to Ease the Discomfort

If your parents are very resistant to having this type of conversation, perhaps you could bring up the topic by first addressing other financial concerns and then easing into this particular concern. It is important that you are sensitive and compassionate to their feelings and thoughts on this topic. 

If you would like to speak to an insurance representative at HBW Insurance Group, please give us a call today. We are proudly serving  Catonsville, MD and surrounding areas.