An Extra Layer of Protection for a Young Family

Name
Marcus, age 31
Occupation
Construction Worker

I come from a long line of construction workers. My decision to enter the field was influenced by my grandfather and my father—they’re my role models, and I always loved the idea of building things as a kid. That’s probably why I’m so focused on finances—my father was always concerned about making sure our family were protected in case something happened to him at work. With 10 years in the industry, I know how easily accidents can happen, so I’m always thinking about how a serious accident could put me out of work and negatively affect my wife and child.

With Julie staying home to take care of our son, we’re living on one income and are really careful about managing our money. Naturally, we avoid dipping into our savings unless absolutely necessary. That’s why I decided to enroll in supplemental life insurance and accidental death & dismemberment insurance through my employer. While I already had basic life and AD&D insurance coverage through them, it wasn’t nearly enough to cover our mortgage—let alone any medical expenses that weren’t covered by my health plan–in case something happened to me.

And thank God I got the additional coverage. About seven months ago, I lost my thumb and forefinger while working a machine at one of our company’s construction sites. After an emergency room visit, plastic surgery and two months of rehab, I had thousands of dollars in medical bills to pay—on top of our mortgage, car payments and basic living expenses. While workers’ compensation replaced a lot of my lost income while I wasn’t working, the accidental death & dismemberment policy gave me an extra cushion—and we put that money toward reducing my medical bills. We ended up only having to take a couple of thousand dollars out of our savings account—a minor hit that we could easily overcome.

Today, I’m back at work and feeling as good as ever. I was promoted a month ago to manager, so while I’m in the field constantly, I’m happy (almost as much as my wife) that my job is a little safer now. My family is emotionally and financially sound—and for that, I am grateful.

*Information edited for privacy

Name
Marcus, age 31
Occupation
Construction Worker

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