If you are in your thirties living a happy life with a healthy family, it’s doubtful that you are considering life insurance. You are busy thinking about checking your alarm every night before bed. You have to make sure you get the kids to school on time. Maybe you’re even worried about the fight you and your spouse just had last night. You’re stressed about money; can you afford to go on vacation? What about covering your parents’ medical bills? Despite all of these stressors, you count yourself lucky. You love your spouse and your children. Coming home brings you utter joy.
So, do you need life insurance?
Yes! Of course you should consider life insurance as a parent.
1. Financial Stability: If one of you in the marriage dies, the surviving partner will be stuck without no support. How could they stay in your current home, save for the children’s future, pay off student loans, and prepare to retire in the future without the income from your salary? Life insurance is a way of covering this lost income and thus pay for expenses. With life insurance, financial stability is one less thing for you to worry about in the case of any tragedy.
2. Preparation: If you are hesitant about life insurance coverange, you may change your mind later in the future. This indecision will cost you thousand because premiums are based on metrics of age and your health. So, buying life insurance nearly guarantees bigger problems if you wait until you’re older.
3. Live in the Now: Life insurance benefits those who are alive. Buying life insurance has nothing to do with you, even though it feels like it reflects your personal life. Life insurance is protects your family and all of your loved ones by providing financial relief It’s about them, so make this smart investment as a powerful choice to let them know that you care about your family.
Live your life for the now.