Issue link: http://read.dmtmag.com/i/884397
Fall 2017 — www.ncsf.com 9 caring for. Life insurance ensures that whomever depends on your livelihood can continue to do so even after (heaven forbid) something happens to you. 2 Stay-at-home moms need protection, too. Don't discount the value you provide as the manager of the household. Life insurance provides much needed funds when an overwhelmed spouse or other caregiver suddenly has to find help to care for the kids, manage a household or needs to take a significant amount of time off to stay with them. 3 Women often pay less for insurance – or get more coverage for the same amount. Because women have a longer average life expectancy than men, that in turn brings the cost of life insurance down for women. Also keep in mind that the younger and healthier you are, the less it will cost you. For example, a healthy 30-year- old woman can get $250,000 of coverage in the form a 20-year level term life insurance policy for about $22 a month. 4 Mompreneurs and those who work part time need coverage too. Women often run home-based businesses or work part time while also raising children. They should also consider their need for life insurance because, while they may not be the main breadwinner, their income supports the family and will be sorely missed if something were to happen. 5 Women's situations can change. Just when you think you've gotten your life insurance needs all taken care of, you might experience more additions to your family, or close down a business ... or a family member might need your active support in the future. Is your insurance up-to-date with your changing needs? Remember, an insurance agent will sit down with you free of charge to go through your needs and help you find coverage that fits your budget, which is key! Don't wait for that crisis moment, the way we nearly did! Call Donna or Cliff for a review, (800) 344-6273: • ext. 220 for Donna • ext. 236 for Cliff Used with permission from Life Happens. www.lifehappens.org LIFE INSURANCE