Why a Homemaker Should Have Life Insurance – And Plenty of it!
term life insurance stay at home parents life insurance
financial planning   We normally think of life insurance as a
means to replace lost wages. For that reason, the largest amount
of life insurance taken out on a family member will typically be
on the life of the highest wager. There may be a $500,000 policy
on the primary wage earner, and lesser amounts on other members
of the household.  Life insurance coverage may drop dramatically
for a homemaker. It’s often assumed that since the homemaker has
no income to replace, that far less insurance is needed. While a
homemaker may not need as much life insurance as the primary
wage earner, the need can be much higher than you think.  Should
the homemaker die, a number of large expenses will be set
motion. This will be especially true if there are children to be
cared for.  For final expenses  The most obvious cost that will
need to be covered is final expenses. This is a figure that can
be easily