Hello TMFG Family – I am back! A year sure goes by quickly – especially when you’re raising a little one. I didn’t get to do much relaxing (surprise!) but I am refreshed and ready to dive back in. Though I haven’t had much adult contact over the past year, I did learn quite a bit being a mother – having to juggle a million things at once – I have become a multitasking pro! Not to mention the time management, patience and adapting skills I have gained.
Being in the insurance industry, I have quickly realized how important insurance is when you have a family. Your children fully depend on you for two decades, if not more! From birth to when they move out or get a job of their own, they depend on you for food, shelter, clothing, education and so much more. It makes me think, heaven forbid, if anything were to happen to me or my husband – would my family be okay? Even if the unspeakable didn’t happen, but either or both of us became disabled or critically ill – would we have enough income to last? To give an example, for the average family with children we typically recommend $1M in life insurance on each parent (can vary for each individual scenario) – comparing this to what you currently have – are you underinsured?
Then there is the Registered Education Savings Plan (RESP) I needed to put in place for his post-secondary education and when we went on our first family vacation to Mexico, I had to make sure we had travel insurance in case any of us got sick or injured during our trip. These are all valid questions and topics that need to be discussed and addressed with a professional, such as your advisor.
While I am back to work, my role here is changing somewhat. Prior to maternity leave, many of you knew me as the Junior Advisor and insurance go-to. This time around I will be parting with my Junior Advisor role and focusing on insurance. Going forward, I will be the resource for all your insurance needs (i.e. travel, life, disability, critical illness and health insurances). If you have a simple question, need to apply for a policy or have questions about a current policy – please don’t hesitate to reach out. I look forward to seeing our wonderful TMFG Family very soon, hopefully!
With Warm Regards,
Chelsey
