This post contains affiliate links. Please see my disclosure policy for more information.
This Post is sponsored by Babbleboxx.com on behalf of Nationwide. Being a stay-at-home mom is one of the toughest gigs there are in the world and here’s why stay-at-home moms need life insurance!
Being a stay-at-home mom is one of the toughest jobs out there. It has long hours, no breaks, no sick days and your bosses require your attention 99.9% of the time.
And while you as stay-at-home mom aren’t bringing home a paycheck your presence is valued way more than we even realize.
Here’s why stay-at-home moms need life insurance too should the unimaginable occur.
Why Stay-At-Home Moms Need Life Insurance
Replace the Value of their Labor
From driving kids back and forth to school or various activities to cooking all of the meals and everything in between, stay-at-home moms work every single day, 365 days a year, 24 hours a day. If we were to give moms a salary, it’d equal over $160,000 a year! If the unthinkable happens, your children would be taken care of.
Cover Funeral Expenses
While a Life Insurance policy would cover way more than funeral costs, the expenses incurred for a funeral can be up to $10,000 and that may not cover everything. A Life Insurance payout can help with your final wishes and give your family peace of mind.
Pay Off Any Debts
From student loan debt, car loans, mortgage or any other debt, a Life Insurance payout would greatly help to settle any of your debts.
Help Plan for Future Expenses
Maybe you planned on returning to work to help plan for the future like college. A Life Insurance payout would help alleviate any of that stress on your loved ones and the future.
Give Loved Ones Peace of Mind
Losing a parent or partner is so incredibly difficult. A Life Insurance policy would help alleviate any of the financial stress on those left behind.
Other Life Insurance Questions Answered
How Much is Life Insurance?
Most people expect it to be 3x what it actually costs! But now is the best time to get a term life insurance policy as rates tend to increase as you age. Locking in while you’re younger and healthy is a great way to secure a good rate.
Life Insurance Through Nationwide
As parents we’re our own best advocates. Nationwide listens to you and works with you one on one to answer your questions and come up with an insurance plan that is right for you and your family.
Head to THIS link to find out more about Nationwide life insurance and how to take the next steps in securing a plan for you.
Disclosure: My experience may not be the same as yours. There is no guarantee of future performance or success. I was paid for my time and efforts in writing this article. Financial decisions are personal. You should check with your financial professional to discuss your specific situation.
Do you have a life insurance policy?