We are in the midst of one of the most challenging times in recent memory. The global effect is unprecedented. It is understandable to have concerns in several areas: a wild stock market, COVID-19, uncertainty with employment, and even the ability to get staples we need every day. It might be helpful to make a plan and follow some guidelines, so you can deal constructively with worries.
Worried about your health? Protect your health.
We've been given plenty of instructions: wash your hands, cover your cough, don't touch your face, handle food carefully, and stay home - don’t travel, to name a few.
Worried about your family? Protect your family.
Practice social distancing by: Staying home, keeping a safe distance from others outside your household, wearing a facial mask if you go to public places, and by being careful to clean and disinfect rigorously.
Worried about your money? Protect your money.
Western has been providing quality products for over a century, and we pride ourselves on being a financially stable and secure organization. We have a surplus of over $23 million, and we invest very conservatively. Most of the Association's money is invested in bonds. Our life insurance and annuities are guaranteed, not indexed or variable, and therefore are not subject to the volatile stock market changes.
How else can you organize and be more prepared? Other protective actions.
Review important documents, such as wills, trusts, property titles, and life insurance to be sure everything is up-to-date. Do you need to change your beneficiary? Is there a conversion or purchase option you can take advantage of? Have you lost your job-provided life insurance due to job loss? Have you had any children, moved, or divorced? If your documents are not aligned with your intentions, things may not be done as you wish.
Worried in general with so much gloom right now? Stay positive.
Do something to cheer someone else up! Sometimes doing something for someone else not only makes them feel good but can make yourself feel good! You could put a cheerful sign up in a loved one’s window, drop off flowers outside someone’s door, make face masks to help our first responders, or host a group web cast with family or friends.* Volunteer virtually online! To check out thousands of virtual volunteer opportunities, visit www.AllforGood.org. Don’t forget to exercise, in whatever capacity you can. It boosts your immunity, releases endorphins, and relieves stress. If you feel down, TALK to someone. You need to take care of your mental health too!
We will get through this together!
*Try Zoom, Microsoft Teams, Web Meeting: most of these are available online and free.
ACS, FLMI, Member Programs Assistant
Call 877-935-2467 to speak with a Western Fraternal Life Representative.