life insurance

International Quality of Life Month: Empowering Women with Financial Wellness Through Life Insurance

January 21, 2025

January is International Quality of Life Month, and what better way to kick off the year than by focusing on what makes life truly meaningful? It’s a time to reflect upon the happiness we seek and the personal fulfillment we desire. Whether it’s carving out time for self-care, pursuing a new passion, or committing to achieve financial security, every little step adds up. Being mindful and intentional about the choices we make can influence our overall well-being throughout the year. 

As Forbes writes, women who achieve financial independence can “transform their lives, communities, and the generations that follow.” Our team at 1891 Financial Life invites women to celebrate International Quality of Life Month and explore life insurance products designed to provide financial security. 

Life Insurance as a Tool for Financial Empowerment

Women can enhance their quality of life by improving their financial wellness. Investing in a comprehensive life insurance policy gives women the chance to take control of their financial futures and avoid being solely reliant on partners or family members.

Financial independence empowers women to make decisions that protect their interests and those of their loved ones. The aforementioned Forbes article notes: “Women who control their money can make decisions about their lives, careers, and futures with confidence. Whether it's leaving an unfulfilling job, starting a business, or choosing where to live, financial freedom gives women options.” Exploring a life insurance policy during International Quality of Life Month would be a worthwhile pursuit on account of all the benefits life insurance policies offer.

Emotional Benefits of Life Insurance for Women

One of the many benefits of life insurance is that you can financially protect yourself and your loved ones, especially in times of uncertainty. From a financial standpoint, having this protection can be comforting. You can have peace of mind in knowing that you’ve taken steps to take care of children and dependents and ease potential financial burdens through a strategic, well-structured policy. 

Life Insurance and Life Stages

Whether you’re a single mother, in a domestic partnership, on the cusp of welcoming your first child, or preparing for retirement, life insurance policies can be adjusted to meet your needs and adapt to ongoing life changes. 

Working with a professional allows you to carefully evaluate your financial needs and goals. You can then review the policies recommended to you and select the one you find most appealing and appropriate.

How To Choose the Right Life Insurance

Common types of insurance policies include term life and whole life, each with its pros and cons. 

Many women, for example, are drawn to whole life insurance because it offers flexibility, a cash-value component, and tax-deferred growth. It is, however, typically more expensive than term life insurance, which lasts for a limited period of time (typically from 10 to 30 years). 

When it comes time to narrow down your life insurance policy options, you may want to consider factors such as the total coverage amount, premium costs, and policy terms. Having these in mind can help you map out how a certain life insurance policy fits into your financial plan.

Empowering Women To Take Action

Our team at 1891 Financial Life is more than happy to celebrate International Quality of Life Month with women like you. We’re passionate about empowering women to make informed decisions, so please schedule a consultation with a life insurance expert at your earliest convenience.

Our experienced, compassionate team members at 1891 Financial Life can recommend policies that would serve you well. Let’s work together to enhance your quality of life and secure your financial future.

About 1891 Financial Life

Our culture is about looking out — for you, for others, for family, for the community. That is how we go “Beyond Life Insurance.”

At 1891 Financial Life, we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs. In 2023, 1891 Financial Life was listed by Forbes as one of "The World's Best Life Insurance Companies."

Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs no matter what stage of life you’re in.