Lyric discussion by binni 

Cover art for Our Farewell lyrics by Within Temptation

IMO, this song is obviously about the passing of a loved one, and that our loved ones, dead or alive, watch over us in our time of need

and with that said, I've got to say, that the live version of this song is (believe it or not) even more touching and powerful, atleast on my Mother Earth DVD where it's sung as a duet