Peg Ogonowski lost her husband during 9/11. Now she was a widow with three young daughters. Luckily, the family had life insurance. To hear more, read on.
How do you conceive of the inconceivable? It might seem like an abstract question, but it wasn’t abstract to Peg Ogonowski on September 11, 2001. On that day, Peg’s husband, John, was the pilot of American Airlines Flight 11, which at the time was en route from Boston to Los Angeles. Fifteen minutes into the flight, the plane was hijacked and eventually flown into the World Trade Center. And the rest is history.
Peg was suddenly a widow with three daughters to support. In addition, there was the mortgage on their home, and debt from a 150-acre family farm John had purchased years prior. With all of these pressures, how was Peg going to keep the family afloat on her own?
The answer was…life insurance. After John purchased the farm, he decided that the life insurance coverage from his job wouldn’t be enough to cover the needs of his growing family. With that in mind, John purchased additional coverage, so if anything happened to him, the family would still be financially secure. Little did he know that his worst-case scenario would come to pass in the worst possible way.
But today, Peg and her daughters are picking up the pieces and moving forward. Thanks to their life insurance, Peg was able to pay off the mortgage, retire the debt on the farm, and set aside funds for her kids’ college education. “I can’t begin to tell you how huge it was to have had the insurance and to know that we were completely covered,” she says.
To hear more about Peg’s story, watch this video. Video courtesy of Life Happens (www.lifehappens.org).