We can Handle all of Your Insurance Needs

Let us find the right coverage for you

A lot of us assume that the only people who need life insurance are the breadwinners of the family. The person who brings home a paycheck that would need to beDo Stay-At-Home Parents Need Life Insurance? replaced if they were to pass away. But this simply isn’t true!

If you’re a single-income family, you also need to consider life insurance for the stay-at-home parent in your household. Why?

Well even if they aren’t bringing in a regular paycheck, the stay at home parent is contributing in many ways - and those costs add up!

Salary.com’s annual survey assessed that the base salary of a stay at home mom comes to $48,509 with an additional $94,593 in overtime pay! Stay at home parents are in charge of child care, housekeeping, daily cooking, shopping, and many other household tasks.

If they were to die, the working parent would still need to work, but would also have to afford child care and take on ALL of those household jobs. It would be extremely tough, especially after a terrible loss.

This is where good life insurance comes in. With the right coverage, the surviving spouse could afford the help they needed in a difficult situation. Plus, they could arrange to take time away from work as needed so that they could be there for their children.

Unsure of how much coverage your family needs? Let us help. We have a quick and easy way to calculate life insurance needs (via a handy worksheet). We’ll review your current household income and how much coverage would protect your family as well as your stay at home parent. Call us today at 937.592.4871 for a no-obligation review and quote. You can also get more details about life insurance or request your life insurance quote via our website
Posted 8:00 AM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

Stay Up to Date on the Latest News


CONTACT INFO

Alan Galvez Insurance
134 W. Columbus Ave.
Bellefontaine, OH 43311

 (937) 592-4871

 info@galvezinsurance.com

Driving Directions

FOLLOW US