52 Proven Strategies That Will Position You to Excel as an Immigrant #9 Get Life Insurance

“A good person leaves an inheritance for their children’s children,
but a sinner’s wealth is stored up for the righteous.”
―Proverbs 13:22
You might have migrated from a country where life insurance is non-existent, and even if there are any life insurance companies, only a few individuals have access to it.
In this chapter, the need for having proper and adequate life insurance coverage is highlighted. It is not uncommon in some of the immigrant communities for solicitations and GoFundMe accounts to be set up to repatriate the corpses of loved ones because they had no coverage. This can be avoided and should be avoided at all cost.
The best GoFundMe can do is help in the burying of your corpse, but it does nothing to provide for your loved ones you have left behind.
There is nothing more disheartening and traumatizing than to die and leave your loved ones destitute.
How do you expect your family to survive after you, as the main breadwinner, die? Where will they live?
What will they eat, and what will they wear? How will they go to school?
What will they do with your debts?
The questions can go on and on. You cannot turn a blind eye to these questions, and a deaf ear will not help either.
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