Have you ever thought about buying life insurance for your significant other as a gift? Research has shown that half of people involved in a relationship would consider the gift of life insurance to be thoughtful. Ten percent of those surveyed went so far as to consider it to be romantic. Is your opinion similar? Have you ever thought about getting some life insurance quotes for your loved one?
Although few people have ever thought about life insurance as a gift, recent surveys have shown that there is more acceptance of this type of gift than you might think. When these surveys are further analyzed, as much as 56 percent of females would be thankful for a life insurance policy. The number is slightly lower at 50 percent for males. Among those that felt a policy would be romantic also felt that it would be a gift that was long overdue.
The manager of life insurance at the insurance website of confused.com commented that it felt good to know that people understood the value of providing for your loved ones in the case of your death.
If you are thinking about making a gift of life insurance, keep in mind that the same surveys that show a surprising appreciation for a life insurance policy, also showed there are many others who do not see it that way. In fact, as high as 10 percent of the respondents went so far as to characterize a life insurance policy to be morbid. Before deciding on buying the gift of life insurance, you may want to get a reading on your partner, so you do not anger them and end up creating a problem with your relationship.
It is not only the gift of life insurance that you need to consider. Surveys have also shown that a gift of motorist insurance for aid when your car breaks down is appreciated. The numbers are more positive than they are life insurance. As high as 75 percent of women considered this type of motor insurance to be considerate. Among men, the number climbs to 60 percent from the 50 percent it is for life insurance.
One problem that has surfaced in recent surveys have shown the as much as 47 percent of men did not know where their partner kept important financial documents. This number is lower for women at 39 percent. These documents are not just for insurance but include such items as bank accounts, retirements accounts and various investments.
When giving the gift of an insurance policy, it opens up the important topic of what financial documents exist and where they are kept in case of an emergency or even death. Many couples avoid talking about life assurance and critcal illness cover but it is an important issue to discuss.
It should be known by both partners, not only where important documents are kept, but also what they are and how to access them. No one knows the future, and that is why insurance policies are available. You need to get an idea how your partner would feel about a policy. If the response is positive, you can go ahead and make a purchase of insurance and make a gift of it to your partner. At this point, you can take the additional step of having a conversation concerning important documents and where they are stored.
