Life insurance for a stay-at-home parent can help cover costs if something unexpected happens to them. Paying someone to handle day-to-day tasks, such as childcare, meal preparation, transportation, grocery shopping, laundry, and more may be necessary so the surviving parent can continue providing for the family. In terms of coverage amounts, buying a policy roughly half the size of the working partner's policy can help (carriers might approve that amount based on the income of the employed spouse).