Providing a stable financial future for our family is one of our main goals as parents. We work had each day to make sure that we are able to provide their needs and create a stable future for them even after our death. Today, the average North American traditional funeral costs between $7,000 and $10,000. This is why acquiring a life insurance should be a priority. We shouldn’t view it as an added expense that we can put aside and deal with at a later time but instead something that we should attend to as soon as we can.
While it can be understandable that we worry sometimes about having to have enough funds to cover all our daily expenses, the benefits that a life insurance can give us outweigh the cost of having to pay for the small monthly fee.
Life insurance can provide the financial security that your loved ones need when you’re no longer there. The responsibility of paying for any outstanding debts and other financial obligations will fall solely on your dependents after your death. Do you want your spouse or your children to be burdened with having to deal with the financial stress of looking for a way to pay for your debts, loans and even your burial and final expenses? I’m sure you don’t want that to happen.
Jenny Life is the latest app on the market that uses modern technology to allow moms to get life insurance that is right for the whole family. Download Jenny Life Android App or Jenny Life iTunes AppStore App today for more details!
Here's what can a life insurance policy offer you:
✓ Soften the blow from a loss of your essential income
✓ Leave a tax-free inheritance to those left behind
✓ Provide funds to fuel the dreams of loved ones
✓ Cover burial and final expenses
✓ Help pay for home expenses
18 comments:
This is a really informative post. Life insurance is so important to have for your family.
Having a life insurance is a must for every family. It will save your spouse and children in case the unexpected happens.
Yes, I 100% agree and honestly, shame on me for not doing this. My husband and I talk about this all the time that we need to get Life Insurance. I'm glad you posted this. Just a GOOD reminder that we need to get it done, PERIOD!
This is a true post. I have seen how life insurance helps so much when there is an unexpected loss.
We have had life insurance since individually before were were married. Most certainly we have had insurance all our married life and as the children came along we had insurance on them as well.
I recently lost 2 of my best friends. Both passed away unexpectedly and it really made me look at final planning and our insurance plans. Clearly we were a tad underinsured so we are working on that. Insurance is so important.
We are talking about adding another life insurance policy for me. My husband has plenty but if something happened to me, he would be in for a hard time.
This is great advise for sure. We have been looking for ways to help us save for retirement now that we're getting older. There is so much to consider.
It's so important to stay on track with one's financial goals. Making the right decisions is essential to save money and be prepared for the future.
It is so important to think about your future and the future of your family. You are never too young to start investing in life insurance.
Life insurance is so important, and it needs to be more advertised to younger families. It's something that you may not need it anytime soon, but you really never know.
Hubby has one through USAA but I don't. Do you have one sis?
My husband has one but I dont though I have a 401k savings. Work is hard enough its always a good idea to be prepared.
Sounds like a lovely choice for families. It's tough to find an insurance that suits your needs and I think this makes things easier!
Great idea, it's good to think in advance and prepare things beforehand. I've never heard of this before but I'll check this out, sounds quite interesting.
Life insurance is top of our list having such a big family. One can never be too prepared for the family’s financial stability
I know a lot of families who really need some help financially. They need to see this post!
This is a very insightful and helpful post! It always helps to be prepared in advance after all.
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