Forrest Wold-McGimsey – “Not Enough Time”

Life can change in an instant. Things happen. And sometimes not for the better. Like the tragic loss of a parent. And when a mother or father dies before their time, the survivors are in for a world of hurt. But how do you deal with that hurt when you’re only ten years old?
Meet Forrest Wold-McGimsey. He and his three brothers grew up in an idyllic small farm in Colorado. His parents, Sarah and Brian, surrounded their children with the love of nature and of life itself.

At age ten, Forrest’s life was changed forever when his mother was diagnosed with breast cancer. Sarah fought bravely against her cancer, but finally succumbed to the disease four years later.

The family’s tragic and devastating loss was compounded by the fact that Sarah had no life insurance. Brian had always intended to get more coverage, but kept putting it off.

The repercussions of not having enough life insurance were felt fairly quickly. The family had to move out of their home, and Forrest (now age 14) had to go to work to help support the family. “We learned a very valuable lesson about the importance of life insurance, but we paid a very dear price for it,” says Forrest.

Sadly, this story is an all-too-common occurrence. The breadwinner has life insurance, but the caregiver does not. Like Brian, many people simply procrastinate about getting additional coverage. But the stay-at-home parent does just as much heavy lifting as the one who goes to the office. If you had to pay someone else to do all the jobs that stay-at-homer does (housekeeper, chauffeur, coach, etc.), it would cost you as much as $125,000 a year.

Insuring your spouse is an easy, affordable way to ensure that your family is protected from the economic hardships that can occur with the unforeseen passing of a parent. That additional level of protection can help keep families in their homes and assist in paying other outstanding expenses. It’s a win-win across the board. Something to think about.

To hear more of Forrest’s story, watch this video.

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