03 Dec Still Watching Over Them with Life Insurance
Still Watching Over Them with Life Insurance
It was close to 11 p.m. the December night when boxer Oscar de la Hoya lost his fight to Manny Pacquiao. The Virgens were saying goodbye to their extended family after watching the match together. Still basking in the glow of family and good food, they headed off to their house. On the way, their pickup was slammed by a hit-and-run driver. The truck rolled over, pinning Nicolas and wife Teresa inside. Son Gabriel and daughter Mayra managed to crawl out and were only slightly injured. When rescue workers arrived, Teresa was already dead. Nicolas had three broken vertebrae and multiple fractures in his arms. “In one second your life changes,” Nicolas says.
After their injuries were tended to, the Virgens started picking up the pieces. Thankfully Teresa had life insurance to help them do it. Initially the couple wasn’t convinced that Teresa needed a policy of her own since she did not work outside the home. As a building contractor, Nicolas saw the rationale for his own life insurance. But their insurance professional Irene Henry made the case that there would be expenses if something were to happen to Teresa. “Think of all the things that Teresa does,” Irene recalls explaining to them.
The life insurance allowed them to pay bills while Nicolas was out of work for nearly two years recovering from his injuries, including an amputated finger. It also helped with college expenses for Mayra and her older sister, Susana. If not for the insurance, Nicolas is certain that his family would have lost their home. “It’s like Teresa is still watching over us and taking care of us,” he says.
It just makes sense to insure the stay-at-home parent. For example, a stay-at-home mom juggles almost 95 hours of work a week, according to Salary.com. It would take $112,000 to replace all she does—from caring for the kids, to managing the house, to juggling schedules. Contact QQIS today to protect your loved ones with life insurance.
Still Watching Over Them with Life Insurance – Video Transcription
Nicolas (Husband): I met Teresa in 1989 at church. She was a great singer. We spent about a year before we married.
Mayra (Daughter): My mom she was very caring. She loved to laugh, always laughed til she was like crying practically.
Gabriel (Son): Well my mom she expected us to do good in school. Really get a lot of good grades.
Irene (Insurance Agent): I met Nicolas and Teresa approximately 10 years ago. Initially we just wrote Nicolas’ life insurance.
Nicolas: I work, I get out of the house every day, driving all the time. Be on ladders, you know, ladders and scaffolding every day, so I decided to just get it for myself.
Irene: We look at educating policy holders. We want them to make well informed decisions. Nicolas’ original comment was “Well, Teresa, she’s a stay-at-home mom why does she need life insurance?” I said “Well you have three kids. If something happens to Teresa are you suddenly gonna stay home and be a stay-at-home-dad and do all the things that Teresa does?”
Nicolas: Finally Irene convinced me to get Teresa’s life insurance. Hispanic people we don’t want to get insurance because we think it’s for… we’re gonna leave the money for the wife or the kids. But I was wrong, I was wrong.
That day I received a call from my brother Pedro. He wanted to have a barbecue in the house. So, we barbecued. We had a good time. So I decided it’s time to go.
It was about 100 meters before the green light so I stepped a little bit [on the pedal] to pass the green light. Then somebody hit us. And you lose everything, you don’t know what’s going on. I see Mayra and Gabriel screaming, so I helped them to get out of the car. And I saw Teresa. She wasn’t talking. I knew she was dead already because she wasn’t moving or anything.
Pedro (Brother): He broke his neck. He got his hand really, really bad.
Irene: He lost his income by the fact that he became disabled. He had to stay-at-home and be with his kids as well. The life insurance continued to provide the opportunity to keep a roof over their kids’ heads.
Nicolas: To buy insurance policies is the best decision in my life.
Mayra: The life insurance has really help me go to college and accomplish my goals. My mom’s greatest wish would be for us to go to school, have a good job, not be out there wondering, you know, wrong paths with the wrong people. Just be good people in general, stay united as a family, and I think most importantly be happy.
Nicolas: She’s been watching us. I told her I’ll be taking care of my kids the way you wanted. Just go about yourself and go rest in peace, and don’t worry about the kids I’ll be taking care of them.