--- title: Why Only America? Why Not International Life Insurance Day? description: Why only in America? I am proposing to observe 2nd May as International Life Insurance Day to raise awareness on the benefits of being adequately insured image: https://www.financialplanningindubai.com/hubfs/Pay%20Yourself%20First-2.jpg --- [![Financial_Planning_in_Dubai_logo](https://www.financialplanningindubai.com/hs-fs/hubfs/Financial%20Planning%20in%20Dubai%20Logo_9090-2.png?width=90&height=90&name=Financial%20Planning%20in%20Dubai%20Logo_9090-2.png "Financial_Planning_in_Dubai_logo")](https://www.financialplanningindubai.com/?hsLang=en-gb) - [Home](https://financialplanningindubai.com/) - [Blog](https://www.financialplanningindubai.com/blog) - [Services](https://www.financialplanningindubai.com/services) - [Islamic Investments & Takaful Plans](https://www.financialplanningindubai.com/blog/salama-hyat-plus-takaful-plan) - [Medical Insurance](https://www.financialplanningindubai.com/blog/topic/medical-insurance) - [Free Resources](https://www.financialplanningindubai.com/free-finanical-tools) - Tools - Calculators - [S&P 500 Investment Calculator](https://financialplanningindubai.com/sp-500-investment-calculator/) - [Life Insurance Calculator](https://www.financialplanningindubai.com/life-insurance-calculator) - [SIP Calculator](https://financialplanningindubai.com/sip-calculator/) - [Lumpsum investment calculator](https://www.financialplanningindubai.com/lump-sum-investment-calculator) - [Inflation Calculator](https://www.financialplanningindubai.com/inflation-calculator-uae) - [Net-Worth Calculator](https://www.financialplanningindubai.com/blog/free-personal-balance-sheet-template-networth-statement) - [The Best Budget Planner for Expats](https://www.financialplanningindubai.com/expat-budget-planner) [Book A Discovery Call](https://www.financialplanningindubai.com/meetings/damodhar?hsLang=en-gb) # Why Only America? Why Not International Life Insurance Day? ![Damodhar Mata](https://app.hubspot.com/settings/avatar/e63bc971ec29ebe6c012fd042c1a8215) [Damodhar Mata](https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata) 2 May 2021, 12:30:33 ###### [Life Insurance](https://www.financialplanningindubai.com/blog/topic/life-insurance) We identify International days to raise awareness on many important things like Cancer, Climate change, Yoga, Diabetes, and laughter etc., We also have international days to celebrate less essential things like Nutella, Surfing, Hugs and Emojis. But is there an International Day to raise awareness on the importance of Life Insurance? It appears there isn't!  I was awfully surprised when I realised this.  Not sure how so many life insurance companies around the world did not think of championing this cause. However, in America, the 2nd of May each year is observed as the National Life Insurance Day, which marks the anniversary of the first day life insurance became available in the United States. ## Why buy Life Insurance? While life insurance would seem like an unnecessary expense when things are going well, it can be pretty helpful when things go wrong.  1. To begin with, It can buy your loved one's time to grieve.  2. It can pay off your debts and loans. 3. Help your family purchase a new home or keep the one they already have. 4. It can also help them maintain a decent lifestyle and afford quality healthcare. 5. Send children to school and university, shaping their future. 6. Support your ageing parents when you're not around 7. And many more things not listed above. Despite all the benefits and rigorous attempts by fellow financial advisors and insurance agents worldwide, people remain uninsured or underinsured. People discount our efforts in this regard as attempts to sell insurance and make a living, which is valid to a certain extent, but it is also a win-win contract. People buy homes. People buy cars; they buy phones, buy many things, and buy a lot, but it isn't ironic that more life insurance is sold than bought worldwide? So I implore you all to speak to your family and friends today and whenever possible to ensure that they are adequately insured. ## International Life Insurance Day Why only in America? I am proposing that we observe the 2nd of May as International Day of Life Insurance to raise awareness on the benefits of being adequately insured. Please share this with your family, friends and colleagues and encourage them to consider buying life insurance if they haven't already. Also, make sure that you are adequately insured as well. ### Stay insured. Stay Blessed.  ![Damodhar Mata](https://app.hubspot.com/settings/avatar/e63bc971ec29ebe6c012fd042c1a8215) [Damodhar Mata](https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata) Author, Blogger & Independent Financial Advisor. My goal is to give you actionable tools for creating passive income and building wealth. More than 10,000 expats have already used my ideas to jumpstart their journey towards financial independence. Connect with me to start yours... Share this article on [mailto:?subject=Check%20out%20Why%20Only%20America?%20Why%20Not%20International%20Life%20Insurance%20Day?%20&body=Check%20out%20https://www.financialplanningindubai.com/blog/why-only-in-america-why-not-an-international-life-insurance-day](mailto:?subject=Check%20out%20Why%20Only%20America?%20Why%20Not%20International%20Life%20Insurance%20Day?%20&body=Check%20out%20https://www.financialplanningindubai.com/blog/why-only-in-america-why-not-an-international-life-insurance-day) ##### Read more - [The Real C-Suite – The Only Title That Matters 🏆](https://www.financialplanningindubai.com/blog/breadwinner?hsLang=en-gb) - [The Wealth Secret 99% of Investors Ignore – Will You?](https://www.financialplanningindubai.com/blog/the-iceberg-of-investing?hsLang=en-gb) - [From Risk to Reward? The Shifting Case for China Investing](https://www.financialplanningindubai.com/blog/from-risk-to-reward-the-shifting-case-for-china-investing?hsLang=en-gb) ## Further Reading [![Why You Still Need Life Insurance, When Your Budget Is Tight?](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/life-insurance-1.jpg?width=300&name=life-insurance-1.jpg)](https://www.financialplanningindubai.com/blog/2015/05/05/why-you-need-life-insurance?hsLang=en-gb) ###### [life insurance](https://www.financialplanningindubai.com/blog/topic/life-insurance-2) ##### [Why You Still Need Life Insurance, When Your Budget Is Tight?](https://www.financialplanningindubai.com/blog/2015/05/05/why-you-need-life-insurance?hsLang=en-gb) Life insurance might seem like a luxury during tough financial times, but for a family in the UAE,... [Read More](https://www.financialplanningindubai.com/blog/2015/05/05/why-you-need-life-insurance?hsLang=en-gb) [![Why NRI should invest in Dollar-denominated Insurance in UAE?](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/Onada-Rupee-1-1024x1024-1.png?width=300&name=Onada-Rupee-1-1024x1024-1.png)](https://www.financialplanningindubai.com/blog/2013/07/08/nri-insurance?hsLang=en-gb) ###### [Dollar based insurance,](https://www.financialplanningindubai.com/blog/topic/dollar-based-insurance)[Investments,](https://www.financialplanningindubai.com/blog/topic/investments)[NRI investment](https://www.financialplanningindubai.com/blog/topic/nri-investment) ##### [Why NRI should invest in Dollar-denominated Insurance in UAE?](https://www.financialplanningindubai.com/blog/2013/07/08/nri-insurance?hsLang=en-gb) ### NRI Insurance & Investments in US Dollar  When it comes to NRI insurance and investment, many... [Read More](https://www.financialplanningindubai.com/blog/2013/07/08/nri-insurance?hsLang=en-gb) [![4 important reasons why you need life insurance in UAE](https://www.financialplanningindubai.com/hs-fs/hubfs/Why%20you%20need%20life%20insruance%20-%20feature.png?width=300&name=Why%20you%20need%20life%20insruance%20-%20feature.png)](https://www.financialplanningindubai.com/blog/4-important-reasons-why-you-need-life-insurance-in-uae?hsLang=en-gb) ###### [life Insurance in UAE,](https://www.financialplanningindubai.com/blog/topic/life-insurance-in-uae)[Life and Critical Illness Insurance](https://www.financialplanningindubai.com/blog/topic/life-and-critical-illness-insurance) ##### [4 important reasons why you need life insurance in UAE](https://www.financialplanningindubai.com/blog/4-important-reasons-why-you-need-life-insurance-in-uae?hsLang=en-gb) No one wants to die early, but the sad truth of life is that people die sooner or later. [Read More](https://www.financialplanningindubai.com/blog/4-important-reasons-why-you-need-life-insurance-in-uae?hsLang=en-gb) *Damodhar Mata | Your Trusted Financial Advisor in Dubai* ![Damodhar Mata-7-2](https://www.financialplanningindubai.com/hs-fs/hubfs/Damodhar%20Mata-7-2.png?width=119&height=119&name=Damodhar%20Mata-7-2.png) *I can help you grow wealth, gain passive income, and achieve your goals faster and with ease. * **Top Pages** - [Home page](https://www.financialplanningindubai.com) - [Best Life Insurance](https://www.financialplanningindubai.com/best-life-insurance-dubai) - [Best Investment Plan](https://www.financialplanningindubai.com/blog/how-to-invest-in-uae) - [Retirement Planning in the UAE](https://www.financialplanningindubai.com/retirement-planning-in-uae) - [FIRE Early Retirement Guide](https://www.financialplanningindubai.com/blog/early-retirement-in-uae-fire-guide) - [Best Child Education Plan](https://www.financialplanningindubai.com/childrens-education-planning) **Top Blog Posts** - [Financial Planner or Financial Advisor?](https://www.financialplanningindubai.com/blog/financial-planner-or-financial-advisor) - [How to find the Best Financial Advisor](https://www.financialplanningindubai.com/blog/best-financial-advisor-uae) - [Win With Money Challenge](https://www.financialplanningindubai.com/blog/30-days-win-with-money-challenge) - [FIRE guide for expats](https://www.financialplanningindubai.com/blog/early-retirement-in-uae-fire-guide) - [Pay Yourself First](https://www.financialplanningindubai.com/blog/how-expats-in-uae-can-grow-wealth-using-pay-yourself-first-strategy) - [Google Reviews](https://www.financialplanningindubai.com/testimonials-financial-advisor-in-dubai) **Other pages** - [About us](https://www.financialplanningindubai.com/about-us) - [Testimonials](https://www.financialplanningindubai.com/testimonials-financial-advisor-in-dubai) - [Services](https://www.financialplanningindubai.com/services) - [Contact us](https://www.financialplanningindubai.com/contact-us) --- © 2024 Financial Planning in Dubai. 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