The Perfect Gift
At 18 you have to consider the perfect present for a newly formed adult. I think it should be something long lasting like the latest mobile; nope that’s no good it will be out of fashion within the next hour. Oh what about a lap top? Nah no good either it won’t be thin enough to fit in a top pocket and could be seriously the wrong colour. What about the car? Yes that will be long lasting – well until it is wrapped round a lamp post or so called friends use it as an ash tray.
No you want something long lasting that they will appreciate all their lives and will thank you if they need it and thank you if they don’t. Sounds perfect but how big is it? Again nothing spectacular but it will fit in an A4 envelope. The cost is not even astronomical and I can assure you they will love it. What is it? A CRITICAL ILLNESS POLICY.
If they need it then it will because they got sick and you, the parents, insisted they had it and Johnny gets 100K to get better with. If they don’t ever need it they may get all the money you spent on it back. This cannot be guaranteed but such a plan exists. Sounds absolutely perfect but what does it cost? Well depending on how drunk the 18 year has got in the formative years of his or her’s life and how many weeds he or she has consumed through the medium of smoke, actually, very cheap because they are so very young and with luck have not had anything serious yet to affect medical underwriting.
“I don’t need that” says Johnny I want a PS2 (that’s a jet fighter plane isn’t it?) Sorry Johnny you’ve got to lump it and it can be as cheap as £240 p.a. approx. And parents only pay until they can afford to pay themselves unless they are shackled to your wallet and fridge and maintain their bedroom as a NO GO area for all eternity.
Serious point: they will need critical illness cover at some point in their life; get it while it is cheap and it will save them in the future. I just wish my old Mum and Dad had had an adviser who understood this because if they had given one to me I know now I would have appreciated it very much.
