Remember when I had the most expensive day ever? It included car trouble and a scary medical issue that landed me in the ER for five hours. Then there were the CT scans and the multiple doctors appointments, etc. Thank goodness for insurance. It only set my family back $600 or so. I am so grateful to have it.
Then, I started to think about the other types of insurance we have, and it really is the ultimate stress reducer. One that was integral for us to get was med evac insurance. Essentially, if we have a serious medical issue here in Grenada, this insurance allows us to immediately be evacuated to Miami.
To take it a step further, when the hubs got into medical school, one of the first things we did was shop for life insurance for him. After all, if my worst nightmare happens and he gets into a terrible accident, what would I do? I’d have $300,000+ in medical school loans to pay without the medical school degree or the physician’s income.
Most people don’t realize how affordable some types of insurance can be. We only pay $22 a month for his life insurance, and in a worst case scenario, it will be there if I need it.
I’m sure that in the future, we will be purchasing many other types of insurance. You can bet that we’ll be heavily researching any company to make sure it has a solid history, like Lloyds of London, which has been around for 300+ years.
Essentially, insurance is one of those things that you hope you never have to use, but you’re so very glad when it’s there.
How many different types of insurance do you have? Has it ever come seriously in handy?
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