Helping to protect your child begins with protecting yourself. So if you haven't done so already, take a look at your life insurance coverage and see if it's up to the job. If you don't have any life insurance yet, this site can fill you in on how to get started.
Chances are, the death of a parent creates financial hardship for a child.
Even if you don't earn income, you contribute to the financial well-being of the family by providing child care or household management that would otherwise need to be paid for. To ease the financial burden caused by premature death, both spouses should probably be covered by life insurance. Continue to support the child's current standard of living Fund a child's college education, or help ensure that an existing college fund remains intact If you re interested in purchasing term life insurance, and would like an instant rate quote for our term products, visit Life Insurance Quotes . When you have children, you need to prepare for some typical costs associated with raising them. Your life insurance should help cover these costs in the event that one of you becomes a single parent.