Parents are notorious for worrying about their families. They fret about their kids’ safety, their emotional well-being, and their opportunities for future success. You’re probably doing everything you can to protect your kids from harm and provide them with a lifetime of security — but would they be protected if something happened to you? It’s difficult to think about our own demise, but when other people are depending on you, it’s essential.
People who don’t have children or a spouse who depend on their income to survive can afford to ignore life insurance, but parents cannot. If the family loses a wage-earning parent, they’ll be hit with financial instability right when they are grieving and are least able to cope with additional stress. Losing a parent who isn’t earning wages outside the home can also be financially devastating if it leaves the wage earner without a full-time caregiver for multiple young children.
Families that postpone buying life insurance are often taking unnecessary risks only because they fear the buying process and aren’t sure they know how to work with an insurance agent. People who’ve never bought life insurance often don’t fully understand how it works or how it’s priced, and they’re intimidated. If you educate yourself beforehand, you’ll feel much more confident in your search for the best life insurance policies. The experts at HealthIQ.com developed this brief quiz to help you understand the basics of life insurance. Take the quiz today to help you learn more about this important financial protection for your family.
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