Life Insurance: An Act of Love That Lasts a Lifetime

by Katelynn Mouton

When State Farm agent Shayne Laughlin’s mother passed away at just 38, life insurance became more than a financial product; it became a lifeline for a grieving husband and three children. 

The policy her mother purchased years earlier helped her family cover funeral costs, keep their small business afloat and allowed them to grieve. For Laughlin, the experience solidified a belief that many overlook: life insurance isn’t about preparing for death, it’s about protecting the living. 

According to Laughlin, life insurance is a way to ensure that when you die, the people you care about will have the money they need to cover expenses like bills, debts or everyday costs. Still, there are many commonly held misconceptions about life insurance, such as it is only for older people or those with families.  

“Buying life insurance when you’re young and healthy is usually much cheaper because insurance companies see you as less of a risk,” explains Laughlin. “Your premiums are lower, and you are more likely to be approved since you probably have fewer health concerns or medications. Getting life insurance early means you lock in that lower cost and ensure you have coverage in place before any health issues arise.” 

Another common myth is that life insurance is too expensive.  

“If you think paying a life insurance premium is difficult, imagine how much harder it would be for your loved ones to cover the cost of a funeral and other expenses without support,” Laughlin says. “Life insurance helps ensure your family isn’t left struggling with financial burdens during an already tough time. In many cases, the premium is just a small fraction of what a funeral would cost, making it a smart and compassionate way to protect the people you care about.” 

Laughlin emphasizes that life insurance is a vital part of everyone’s overall financial planning. “Including life insurance in your financial planning means you’re thinking ahead and making sure that your family won’t struggle financially if you’re not there to support them. It gives you peace of mind and helps create a more complete and secure financial strategy for both you and your loved ones.” 

As purse strings have tightened in a challenging economy, Laughlin says she has noticed one unfortunate trend which involves people purchasing life insurance policies and then cancelling them within a year or two under the impression they cannot afford them. 

“Typically, these policies range from $45 to $75 a month, but many say they can’t afford or don’t need them,” Laughlin remarks. “Everyone I know has a smartphone costing over $100 a month and wouldn’t imagine living without it. It makes me wonder, how will that phone support your children if you’re no longer here?” 

If Laughlin could share one thought with those considering a life insurance policy, it would be that life insurance isn’t about expecting the worst. “It is about being responsible and caring for those who depend on you. It’s a simple step that can make a big difference, offering comfort and security when your family needs it most.” 

For more information, contact Shayne Laughlin State Farm by calling 337-477-7354 or visit insureswla.net.