Return of Premium Term Life Insurance contracts will be changing for the worst January of 2010.
Life Insurance is that “ounce of prevention” that can make the difference between little Johnny or Julie having the future you dream he/she could have, and a life filled without a parent and/or hope. While having some life insurance is better than having no life insurance, please do not make the mistake of just buying a life insurance policy. The key to building that foundation of hope for your child is having the correct life insurance policy.
While the “Stay At Home Mom” may be less prevalent than she was twenty years ago, there are still a large number moms who “work at home”. The problem that must be dealt with is…how much is the “Stay At Home Mom” worth in terms of dollars and cents? The second (and often hardest to overcome) problem comes in convincing both the husband and wife that the “Stay At Home Mom” NEEDS life insurance. Let’s tackle each problem individually.