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Philosophy of the Human Life Value

Each and every person has tremendous value.

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During the past 100 years, our culture has moved from treasuring life—even unborn life—to cheaply discarding life. Movies, TV shows, music, video games, and even school textbooks communicate that there is no intrinsic value to human life.

Our kids are taught that humans have no more value than animals or insects.

Without a moral code, there is no legitimate basis for suppressing selfish urges in favor of someone else's values. There is no logical reason for doing anything other than "whatever makes you feel good."

So what does this have to do with money?

It is very subtle, but as our culture has "cheapened" human life, this philosophy has permeated traditional financial management.

How else can it be explained that cars and homes are better protected than people?

Most of us carry homeowner's insurance with a "replacement cost" feature. If our home burnt down, the insurance would replace the home's full value. If we totaled our car, we would like its value replaced.

But few people carry enough life insurance to replace their human life value. Few people have an adequate amount of disability insurance to protect their income in the unfortunate event of a long-term disability.

Isn't it just a little warped that we focus more on protecting the value of "things," than protecting the value of people?

At Woolman Financial Group, we seek to help our clients maximize their protection and minimize the cost. We want each of our clients to know the maximum amount of life insurance that can be obtained, and then we seek to see if that amount can be obtained ideally without any additional out-of-pocket outlay. It is always up to the client to decide how much protection to obtain ... it's our job to show the maximum and whether it can be acquired without an additional outlay.

If you’d like to learn more, click here to contact us.

** Life Insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods.