Women and life care insurance

Intro: 29-year-old Christina Heim is a divorced, single mother of seven, Elizabeth. Christina also receives child support, she provides the majority of personal care and monetary union. So, it's no surprise that Christina has a life insurance policy to cover contingencies.

Whether it's divorce or the loss of a spouse, it is always good to prepare for unforeseen events. When it comes to life insurance ... Most women have a policy or not, or are under-insured. That's what every woman should know.

Single / Working Mother: If you are a parent just like Christina, you take most, if not all, the responsibilities of raising a family and are likely to need life insurance. However, a report from the study 2011 Life Jacket Genworth Financial has found that 66 percent of single mothers do not have a policy. Life insurance is a necessity for anyone who has dependent children.

Married / with children: Marriage should not exclude a woman from life insurance. Today, 61 percent of women to bring home a paycheck. Without a policy of life insurance, your family would not be able to handle the same style of life similar to that currently enjoy a double income.

Stay-at-home moms: Life insurance is not just for the Moneymaker in the house. Contribution A stay-at-home mom for the family is significant and worthy of a policy.
Take SOT:. Vicki Gunvalson, CEO of Coto Insurance ("There is a need for that death can happen to a spouse, divorce can happen a lot of situations that can happen is unpredictable and life insurance is necessary because the reality is that if the woman died. and is taking care of children, the husband would have to pay for someone to care. ")

Single women: even without children, one woman still has financial responsibilities. You may not need a policy as significant as someone with dependents, but there is a possibility that they leave behind debts will be paid before the beneficiaries. And you do not want to leave your family with funeral expenses.

Appropriate cover: How much life insurance you need depends on the number and ages of your children, your income level, the level of debt and the value of your assets. To calculate your political needs, Bankrate.com has a calculator for life insurance.