It’s a True Financial Lifeline

It’s a True Financial Lifeline

Diligent, hardworking, civic-minded, a family man. These are all terms that Sara Mathews Dixon uses to describe her husband, Jay. And it was those qualities that made a great husband and father, and a dedicated police officer.

Like many young families, Sara and Jay found themselves juggling kids, school, work schedules, sports, meals and family time with sons Lorenzo, Anthony and Nico. But the couple relished their family life.

And it was Jay’s dedication to his family that also made life insurance a priority. “The kids were the most important thing in his life,” says Sara, and so they both purchased coverage in their late 20s, which included term life insurance, as well as permanent policies both for themselves and their children. They eventually converted a portion of their term insurance to whole life with their insurance professional, Richard Terhune.

A Turn of Fate

Jay was a lifelong athlete and spent time playing sports with his sons. But his active lifestyle couldn’t prevent a serious illness from damaging his heart, which eventually lead to a heart transplant.

After the operation, life returned to a semblance of normality for the Dixons. Then came the afternoon of January 4. The couple was at home with the boys when Jay appeared to have a seizure. Paramedics were unable to revive him, and he died at age 40. “My world exploded,” says Sara. “It’s been traumatic, especially for the boys, who are now 12, 10 and 5.”

But amidst all this, one thing she hasn’t had to worry about is money. “Jay’s life insurance has been a true financial lifeline,” she says. “It means we don’t have to move in with my mother or make any major changes right now after all that’s happened to us.”

Her advice to other parents is to consider life insurance early on, before health issues make it hard or impossible to get. “We don’t control the universe,” she says, “and you don’t know what’s going to happen down the line. Life insurance can keep you and your children in your own world.”

In Good Times and Bad

In Good Times and Bad

Cory and Asia Schroeder are the most unlikely couple and, yet, the most likely couple. They met under the saddest of circumstances, but now married 13 years, they have used their relationship to transform the unimaginable into the possible.

You see, Asia was the widow of Peter, a Marine that was in the same unit as Cory. He was part of an elite bomb squad and died in the line of duty while stationed in Iraq. Asia was just 23 and their son, Jacob, 3.

Grief gripped the small family, but thankfully financial concerns weren’t an issue. Just before deploying, Peter purchased an individual life insurance policy that essentially doubled the coverage he had through the military. His wife and son were at the center of his life, and he wanted to make sure they wouldn’t suffer financially if he didn’t return.

The Future Unfolds

“When Peter died, it felt like I was watching a movie— it’s something that happened to other people, not me,” says Asia. “His life insurance was instant assurance that everything was going to be OK financially.”

Cory offered solace and help to Asia and Jacob as they looked toward the future. Friendship turned to love and a new family unit was born when Cory and Asia married. But the power of life insurance didn’t end there. The couple purchased policies, including permanent life insurance, because they had seen what it could do firsthand.

As they continued to build their dreams together, Cory and Asia tapped the cash value of their permanent life insurance policies to use as a down payment on a new commercial property.* They wanted to expand their 24-7 gym and transform it into the prosperous business they knew it could be. “It has allowed us to follow our passion and do something we enjoy,” says Cory.

The Schroeders know firsthand the power of life insurance. It has been there to support their life, their dreams and their future through good times and bad.

*Withdrawing or borrowing funds from your policy will reduce its cash value and death benefit if not repaid, and may result in a tax liability if the policy terminates before the death of the insured.

A Life Changed, a Lifestyle Remains

A Life Changed, a Lifestyle Remains

For Scott Rider, it wouldn’t be a stretch to say that running was his life. In college he was a three-time Big Ten Champion, two-time All American, and later competed in the Olympic trials. His running sustained him as he charted out his career in financial services. It was also a constant as he and his high-school sweetheart, Kelly, married and raised their three children.

Running is also how he found out his life was changed forever.

It began subtly, when Scott’s toes didn’t “work as they should.” It eventually interfered with his running, and after several years of being misdiagnosed, he learned he had Parkinson’s disease.

“I remember the day I found out. As I stood outside the doctor’s office, on the sidewalk on a warm fall day, I knew my life—and my family’s—was changed forever,” says Scott.

The Life They Knew …

His day-to-day routines have changed drastically since being diagnosed at 47. Cognitive and physical limitations mean he had to give up the profession he loved. And he now relies on Kelly to help him with tasks most people take for granted, like tying his shoes.

One thing in his life has not changed, however. He and his family have been able to maintain their lifestyle, thanks to the disability insurance he purchased. He got it when he was just starting out in his career and added to it as his salary grew.

His disability insurance now replaces a significant portion of the income he once earned. It has allowed Kelly to remain a stay-at-home mom and now be a caregiver. Plus it helps them meet Scott’s growing medical needs.

In addition, the couple has been able to put their three children through college and give their daughter the wedding of her dreams. They’ve even reached a retirement goal of moving to a warmer climate. All of this was made possible by Scott’s disability insurance.

“Without it, I don’t know where we’d be,” says Scott. “I feel fortunate that I understood early on that my income was my most valuable asset, and that I needed to insure it.”

Paradise Found

Paradise Found

It’s paradise. That’s how Linda Billings describes her new home in Sarasota, Fla. Most days you’ll find this Virginia transplant out walking along the beach, attending a fitness class, meeting up with friends, and yes, still working part time.

At 68, Linda doesn’t want to give up what she loves to do: write about astrobiology for NASA. “I find it endlessly interesting and challenging work, but I just don’t want to do it full time anymore,” she says.

Thanks to the strategies she’s put in place for her retirement, with the help of her insurance professional, Linda doesn’t have to work. As part of the planning they did, Linda purchased several annuities, which now cover 100% of her current and anticipated monthly expenses.

“What appealed to me about annuities was their security and dependability—the peace of mind of not running out of money in retirement,” says Linda. And she adds that as a single woman, there’s comfort knowing she’ll have a guaranteed income stream for life.

“I don’t worry when I get into bed. I don’t fret about my financial situation anymore,” says Linda. “How many people headed for retirement are able to say that?”

Protecting the Future

Protecting the Future

A mutual friend with a new dog brought Stephen and Katie together. Stephen had headed to his friend’s house to meet the new furry member of the family, and when he got there, he saw Katie playing with dog in the backyard. “Katie was so outgoing,” says Stephen. “She was the nicest person you’ll ever meet.” That first meeting led to beach outings and concerts, and over time to getting married and thinking about starting a family.

It was Katie who suggested they get life insurance. Stephen admits he wasn’t too happy about the idea. They were young and healthy, so he didn’t see the point. Katie, however, convinced him to sit down with insurance professional Rose Goheen, who walked them through the process and presented them with affordable options. They both decided to get life insurance coverage.

When the couple welcomed Chase, they decided to reevaluate their life insurance. Given their expanding family and responsibilities, they both bought additional life insurance. It was during her recovery from giving birth to Reid that Katie realized something was wrong. Her doctor confirmed her suspicion that the abdominal lump she felt was something much more serious. In fact, it was an aggressive form of cancer.

Katie, with the love and support of her family, valiantly fought the disease, but just over a year later it claimed this young mom’s life. She was just 30.

No words can capture the devastation that Stephen and his boys felt at Katie’s loss. “It’s horrible to lose your soul mate and best friend,” he says. “But I have two boys to support, and I want them to know their dad can carry on.”

Life insurance has helped with that process. “Nothing can bring Katie back, but having life insurance meant we didn’t lose everything,” he says. “I don’t earn enough alone to afford living in our house. Life insurance has eased my financial worries on so many levels.”

Thinking back to that first meeting with Rose, Stephen says: “Katie was the smarter one. She knew to plan for the future “our future“ with life insurance.”

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