Adequate Life Insurance Vital for Mothers

Author: IntelliQuote
Published: 2011/05/06 - Updated: 2022/04/07
Category Topic: Life Insurance Information - Academic Publications

Page Content: Synopsis - Introduction - Main

Synopsis: Life insurance for women is necessary should there come a time when a mother can no longer contribute to her family's livelihood or care for young children. As a mom, it is important to realize the critical role you play for your family as a provider, caregiver, chef, handy-person, teacher, therapist, moms wear many hats in a typical day. With the numerous roles you play as a mom, make certain you protect your family's future with life insurance.

Introduction

With the numerous roles you play as a mom, make certain you protect your family's future with life insurance. As a mom, it is important to realize the critical role you play for your family as a provider, caregiver, chef, handy-person, teacher, therapist, moms wear many hats in a typical day. With the numerous roles you play as a mom, make certain you protect your family's future with life insurance.

Main Content

"We're often reminded of the wonderful contributions made by the women in our lives," said leading online life insurance expert Gary Lardy of IntelliQuote. "Life insurance for women is particularly necessary to ensure that, should there come a time when a mother can no longer contribute to her family's livelihood or care for young children; there is a plan in place to continue to maintain the lifestyle to which the family is accustomed."

According to a recent study produced by LIMRA, a worldwide research, consulting and professional development organization, married households are less likely to buy individual life insurance for wives than for husbands. The study found that too many women remain uninsured or under-insured.

"Women, and in particular, those who are mothers, contribute immensely to a family both emotionally and financially," said Lardy. "Yet oftentimes, their contributions are underestimated. The costs associated with those childcare support services are far-reaching. Life insurance can assist in covering additional expenses a spouse or partner might incur after a death in the family."

Coverage can depend on a variety of factors including geographic location, number of children, and the working spouse's income. Assess your family's coverage needs and provide that security blanket needed to preserve your family's quality of life for the future.

Attribution/Source(s): This quality-reviewed publication was selected for publishing by the editors of Disabled World (DW) due to its relevance to the disability community. Originally authored by IntelliQuote and published on 2011/05/06, this content may have been edited for style, clarity, or brevity.