I know what it’s like to have health insurance but not have voluntary/supplemental coverage and this is why I do what I do.
My mother was the breadwinner of our family. My father didn’t work. The only insurance that my family had was through my mother’s employer, which offered health insurance and a small, term life policy.
When I was 16 years old, my baby brother was born and a year later, my mother was diagnosed with cancer and my life forever changed.
I had been accepted to college (a dream I would soon have to give up), but the college funds set aside for me had to be used to pay my mom’s out-of-pocket medical expenses. We were so broke that we had to take out a loan on our furniture.
My mother’s dying wish was that I take care of my toddler brother. As I stood alone in the hallway outside my mother’s room, her doctor informed me that she had just hours to live. It was about 11:00 pm. In tears, I mentioned to him that my mother’s only life insurance expired at midnight.
I swore this would never happen to me again, but I didn’t know how to protect myself. I didn't know that there were policies that would pay me if I were injured or sick.
I do not believe that it has been by coincidence that I found a career in insurance. This has been my calling in life because I truly understand how important it is.
Hi. I'm Pat.
"If the waves of life get rough, it's good to have someone throw you a lifeline....that's what supplemental insurance does!"
"It is a big misconception that most people believe that their health insurance is enough..." -Pat Price
Pat Price, Independent Insurance Agent and owner of Benefits by Price, was recently interviewed on Optimal Health Radio about her participation in the new book, Journey to the Stage: Stepping Up and Stepping Out to Share Your Message. In Journey to the Stage, Price tells the unique story of how and why she decided on a career in insurance (and even became the first female in the life department at an insurance company).
According to Price, one of the biggest misconceptions that people have is that they believe that their health insurance is enough. Only 2% of employees think they may be critically ill or disabled for more than three months, but in reality, over 25% of the workforce will be out of work due to a disability during their careers. When they are approached by their insurance agent about supplemental insurance, they think that it is too expensive and unnecessary.
What they don’t realize is that supplemental insurance policies are relatively inexpensive, with some starting at as little as $20 a month. In many cases, they don’t even understand what supplemental insurance can do for them. For example, in the case of a serious accident or critical illness, supplemental insurance can help keep the policyholder from depleting their savings, cashing in their 401K or running up credit cards to pay their medical bills and everyday expenses.
x
Click on this link to purchase the best-selling book from the Women's Prosperity Network Journey to the Stage: Stepping Up and Stepping Out to Share Your Message
