These powerful words came from Christopher Reeve, whose life was drastically changed forever because of an accident.
As you may be aware, Christopher Reeve, the actor who played the man of steel in the movie Superman, became paralyzed from the neck down after a freak horseback-riding accident in 1995.
Right after his tragic accident, his life was drastically changed in so many ways – physically, mentally, emotionally, spiritually, as well as financially.
For example, while you can probably guess Reeve’s medical and other related expenses were horrendous after the accident, did you know his health-care costs alone were (and still may be) about $400,000 a year?
That’s right... FOUR HUNDRED THOUSAND DOLLARS A YEAR!!!
That’s a lot of money, considering an average working person makes only about $1,000,000 in gross income in his or her lifetime.
Imagine what would happen if you got into the same or similar situation as Christopher Reeve.
If you had to pay $400,000 of medical expenses a year for yourself (or a loved one), would you be able to do so?
Like most people, you probably would have to sell all of your assets – your house, your cars, your investments, and so on – to pay for just one year of medical expenses, wouldn’t you?
If so, then what’s going to happen in the second year, fifth year, or tenth year?
Now, even if you could get $1,000,000 net after selling all of your assets, with a medical bill of $400,000 a year, you would run out of money after only two and a half years.
Besides, after selling your home and your other assets, where are you and your family members going to live… and how are you going to support them?
Let’s face it, even if you or a loved one got into an accident (or an illness) only a fraction as serious as Christopher Reeve’s, you probably agree having to pay just $20,000 to $50,000 a year in medical expenses… can cause huge financial hardships on your family, right?
Sadly, for many people, when a sudden disaster, such as an accident or illness happens to just one member of their family, the horrendous medical expenses could bankrupt them.
Imagine being forced to sell everything you now own to pay for the necessary medical care that you or a loved one needs… and to start all over from scratch.
You’ve probably hoped or even prayed this situation would never happen to you, haven’t you?
Sure, we all have.
Listen closely, the two main reasons Christopher Reeve and his family members didn’t have to suffer financial hardships after his tragic accident were…
1. He had excellent health insurance.
2. He was in an excellent financial position (and still is today).
Did you know it cost him about $300,000 a year to hire a special nurse to take care of him 24 hours a day?
Also, did you know the special exercise equipment he uses cost more than $100,000?
As you can imagine, if Reeve didn’t have excellent health insurance, then the massive medical and other related expenses would have slashed away his life savings and investments in no time.
Well, like most people who are in a less fortunate financial position than Reeve, if you suddenly have to pay medical expenses of just $5,000 to $10,000 a month, then your life savings and investments would be used up very quickly, wouldn’t they?
Worse, if you or a loved one is hospitalized or disabled for the long term, then the medical expenses may even bankrupt your family, right?
I certainly hope not.
And, the good news for you is...
An Accident Or Illness – No Matter How Serious –
Doesn’t Have To Mean Financial Disaster For Your Family!
That’s right, thanks to the miracle of medical insurance, if you or a loved one should get into a serious accident or a major illness that requires expensive medical care, then your family won’t have to suffer financial hardships.
When you’re protected with the RIGHT medical insurance, you’ll have the money to pay for the medical expenses and also the dental, therapeutic, drug, ambulance, optical, and physical aid expenses like crutches, wheelchair, and so on.
As you can imagine, without any medical insurance, if they or their loved ones should get into a serious accident or illness, then the medical bills could bankrupt their families. Worse, they won’t get the necessary medical treatment they need.
How come so many people aren’t protecting themselves with medical insurance?
There are two main reasons.
First, they think disasters like a serious accident or illness could only happen to somebody else.
How many times have you heard someone say…
“I Never Thought That Would Ever Happen To Us!”
Probably at least dozens of times, right? Perhaps you’ve even said it yourself many times.
Let’s face it, no one wants to think disasters like being paralyzed or losing a home would ever happen to them… until it’s too late!
Sadly, it’s this kind of incorrect thinking that has prevented many people from preparing themselves properly to handle unexpected negative events. So, when disasters strike, they usually have to suffer financially, as well as mentally and emotionally.
If You Fail To Plan… You’re Planning To Fail!
It’s fine to expect things to turn out the best for you… as long as you’ve planned for the worst.
This is because, in life, things don’t always turn out the way you wanted them to. And disasters usually strike at the worst time, when you least expected them.
Just check out these statistics….
· More people lose their homes through disability than through death and fire!
· For people who are under the age of thirty-five, 1 out of 3 will be disabled for about 6 months, and 1 out of 4 will be disabled for one year or longer… before they turn 65!
· A 42-year old is four times more likely to become seriously disabled than to die before age 65!
· The average length of all disabilities lasting longer than three months is 2 years!
The bad news is, you can become disabled from an accident that happens in your home, at work, in a public place, or in a vehicle.
No comments:
Post a Comment