What would happen to you if your spouse died?

This question has been on my mind a lot of late. And like some form of the Laws of Attraction working or something, it has also been the conversation topics over lunch with colleagues as well. Now it is here on mylot! Wow...! Anyways, I already have some insurances bought. But I need to review them soon to see if the current coverage is enough to provide for my family.

My real problem now that I'm always sick is that what will my husband do when I die ahead of him.He is like a child who do not know what to do always.I could imagine myself having a hard time to go in peace.I have asked him that same question for so many times and he would answer I should not leave him because he don't know what to do.I'm not worried of financial support because we have invested enough for both of us.Now that our children have theit separate lives with us,I'm always urging him to make ourselves feel always comfortable and say goodbye to hard work.We are old enough to retire from what we used to do.We are very hardworkers then.

i am sure i would be pretty poor if he were to pass away right now. i wouldnt have enough money to support myself and would probably have to move in with my parents. it would be very tough.

My husband expired 9 years ago at a time when I did not have a job. His business was going into a loss at that time. My kids were below 10 years and studying. I managed to survive with my savings till I got myself a job which took some years. Inspite of having an insurance policy because of a certain clause in the policy I did not get anything from the insurance company.

Hi girl" you know when your young, you can get insurance real easy. but the older you get. it's going to be real difficult, cause they are betting on you that you don't die young. so the policy is low. but if you tryed to get insurance later on in your life, you'll pay dearly. if I were you, and if your still young. and can afford it. get more insurance. they freeze it until your 68. then it goes up. my husband is also in a wheelchair. and we bought our life insurance 21 years ago. at $76. a month. then a few years ago we desided to get more on me. only 50 thousand more but be cause I'm older now, it's $139. so you can see what I meen.it dubbled. and with the economy the way it is today.get a reputable co. that's not going to take your money and run with it, as soon as it's build up. good luck girl.and yes. my husband and I did cover each other's butt. thank God.(Firemountain)

My husband and I also have a life insurance but it is still not enough to cover everything. So we are planning to get another one to be able to augment the expenses in the house just in case one of us depart from this life. I also agree with you that life insurance can be a great help to protect the losses of the family - financially. It is also a good legacy that a breadwinner can buy to protect the future of his/her family. I just hope a lot of people would appreciate the benefits of having a life insurance like we do. Happy myloting.

I do have life insurance on my husband and me. Like you I also am diabled and his insurance is more than mine. I have enough to hopefully cover any hospital bills that might be incured during my last days and to take care of my arrangements as well as other bills we might have and to leave anything, it anything left to the children. Mine is $75,000. I have one for $200,000. on him as well as a terrific insurance for sickness. It should pay for anything the health insurance don't pay for any illness in his last days or if he becomes disabled to help us.

My arrangement with my husband is the other way around, I am the one earning for the family and he is in full time ministry so we decided that I should be the one insured. But if we have additional budget, I will probably get him an insurance policy too. Financially, it might not make that much of an impact, but emotionally, I would definitely be lonely. I already feel lonely when I have to go somewhere alone since I was so used to him accompanying me wherever I go. And I would definitely miss having someone to talk to, someone who will love and support me.

[i]Hello mentalward, I don't know what will happen to us if this happen suddenly. Financially we will be ok because I am the breadwinner. It will take some time though for us to take care of ourselves because my wife is taken cared of all our needs. She is a stay home mom and she takes care of everything, food, budget, laundry, and even school activities for the children. We have a small insurance for me and we have some savings in the bank to take care of our children schooling. I hope it doesn't happen and we would like to see our childred finish their schooling and have their own family. Regards.[/i]

I have insurance for me, my hubby and my son so if anything happened to either me or my hubby the other one and our son would be ok, I also have a saving account thing just for me but if something happened to me then it would go to my hubby. We are covered if anything happened to either of us. Good luck with your business!

I'd probably move away from where I am now and move on with my life. I know I'd feel bad for a year, but then I'd just make myself to keep on living, because wasting time is not a good idea especially when ratio between living and not existing is 1 : infinity.

At our age you consider this very seriously. We would certainly have to change living arrangements and now that most of our nest egg is gone, I don't really know what we'd do. just get by day by day.

I really don't know. We have life insurance but I cannot imagine myself without him. I am also disabled and he takes care of me. I pray god that my husband should live until I am alive. He is asking me to learn about finance and paying mortgage and other job that he is handling right now. I would go crazy if something happens to him. God give our husbands long life.

it will happen to everyone,it a matter of acceptance..and how you will handle these kind of situation...be brave,have faith to god,everything will be alright in sometimes...

it disrupts your life, family, and financial stability. Perhaps there are issues that you are only learning to come to terms with, such as single handedly taking care of your children, your financial stability now that it is all dependent on you.

This discussion should be read all the male members with family.It is our duty to disclose our assets and liabilities to our wives.If you keep them in the dark in a make believe world your loved ones may not be able to face the world alone if the need arises.

My husband has life insurance and I am covered under his one too. Not as much as he is but enough to help with my burial arrangments if anything was to happen to me. We should be ok financially if he was to pass away. I know that if it ever happens, my son and I will go back to New Zealand where my family live.

I would be okay as far as financial matters and know what is what. I would continue to walk the dog or get the car repaired. But I would not be living. My spouse is my best friend, I have never liked or respected someone as much. I know I have found my soul mate and if gone? I just don't know how to answer that with out having every shrink in mylot request that I put them on my friends list.

i dont know...emotionally it would really affect me, maybe i would be crippled or something... he is part of my life and seeing him first thing in the morning and in the evening is like my vitamins that regenerates me, but if that happens, i would still stand up and get on with life..that is how he wants me to be, he will help me stand up and face all the challenge since i would have my kids to look after..but it would be like losing half of myself.

I have just joined myLot and looking through differ discussions I saw this one. Thanks I have this on my mind constantly.I have been with my sweetheart for ten years not married yet until this year 2009.When the open enrollment for his work comes around I check the paper work to see if I have to change anything.I have insurance on him but not for me but I should be the one to get insurance on myself, since I have a chronic illness that seems to never go away.My health is not all that great I am the one that needs the insurance but he is the sole-provider for the our family...It's weird how we the wives seem to never care for our self first.I don't know if I would be able to survive without him.I really never had to work I am a stay at home mom. I work at home because of my health.I don't know what would happen,if I could provide for me and the kids and still make it ok.