Personal Finance Myth #21

Stay-at-home parent don’t need life insurance is a myth | Vrid
People illustrations by Storyset

Stay-at-home parent don’t need life insurance

It would be silly to think you need life insurance only for the income-earning parent. 

Although stay-at-home parents don’t bring home a salary, they provide remarkable support for their families. 

If you’re the sole earner in your family and your spouse passed away. How would you handle all the additional expenses required for child care and other household management issues? 

Buy term insurance for the homemaker asap.

If you need help with selecting the best life insurance policy, read here.  

Share this with your friends and family. Help out your buddies.

Was this blog shared with you? You can subscribe to our personal finance newsletter to receive such insightful articles directly to your inbox!



Did you enjoy this article?

DISCLAIMER: This newsletter is strictly educational and is not an investment advice or a proposal to buy or sell any assets. Please be careful and do your own research.

Experience the power of our cutting-edge expense tracker app! Join our waitlist to access smart categorization, insightful financial insights, and seamless expense tracking. Be part of the financial revolution – sign up now to stay updated and gain exclusive access to our app!