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Stay At Home Parents Need Life Insurance Too #GenworthIns

Information for this post is sourced from Genworth Financial and opinions are mine

If you are a stay at home parent, your plate is exceptionally full. We have a job description that mimics no other and the list of duties is long. We are a guidance counselor, chef, nurse, accountant, mediator, chauffeur, and much more. We have a job that literally goes from sun up to sun down, lasts our whole lives and the pay is pretty low! The payoff however, is pretty high, so I guess it evens out in the end! Because we stay at home parents do not have a traditional job with benefits of the 401(k) kind, we must find another way to financially take care of our family. I am not talking about getting a second job for the immediate financial gain, but rather down the road. If something were to happen to us, how would we be sure our kids and spouse were taken care of in the way they have become accustomed to? You can do so with life insurance that will pay out benefits in the event of your long term illness, disability or death. With the experts at Genworth Financial, you can trust their advice for your insurance and financial planning needs.
Stay At Home Parents

Stay At Home Parents

When I decided to become a stay at home parent, I left behind a career in the restaurant industry. To be honest, I was glad for it because the hours were long, the pay was not that great and the stress was getting to me. When my daughter was born, I fell into my role easily and the time flew by and before we knew it, Henry was born. Now I had two little people depending on me for everything they needed in life. I will be honest that I did not think about our financial needs down the road until a friend lost her husband and her world was turned upside down. She and her 3 kids were left with nothing and it was absolutely terrible for her. I decided I was not going to do that to my family and decided to look into my financial options.

Chris Kissell, from InsWeb.com, talks about the need for stay at home parents to have life insurance. The article entitled “Why Stay-at-Home Parents Need Life Insurance” points out that most families have the working spouse take out the insurance policy. He advises the stay at home parent also take out a policy to cover the services they provide in the event they are unable to continue to do that. Wendy Boglioli, national spokeswoman for Genworth Financial, was quoted to say, “If you died tomorrow, would you have the money to hire people to do all of the things that you do for your family on a day-to-day and year-to-year basis?” What a sobering thought, right? If you find yourself in this situation, let the people at Genworth Financial guide you through the sometimes overwhelming and confusing process. They have the information, tools, contacts, expertise and everything else you need to make the best financial decision you can for your family.

Comments

  1. At this moment I am ready to do my breakfast, after having my breakfast coming again
    to read other news.

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