How Much Life Insurance Does A Stay At Home Mom Need

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3 Factors To Consider While Calculating
Insurance For Stay At Home Moms
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Stay At Home Moms Need Insurance Too
From cooking and cleaning to laundry and
chauffeuring, stay at home moms do a ton of work
Theyre part-time psychotherapists, part-time
tutors, and full-time careers
The cost of replacing their work could set you
back by a few thousand dollars.
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How Much Is a Stay At Home Moms Job Worth?
A recent report by Salary.com states that it
would cost 113,586 to replace a stay at home
parents job.
Ideally, death benefit should be equal to 10
times the amount of your annual salary.
Every family is different consider your
situation before buying your insurance premiums
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3 Factors That Could Help You Decide How Much
Insurance You Need To Purchase
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How Many Members In Your Family
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How many children do you have?
Do you have children with special needs?
What is the age span of the children
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The Length of Time That The Insurance Should Cover
2
How long will it be before you retire to share
work with your spouse
With younger children, you need the money to last
a very long time
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Additional Benefits Offered By The Insurance
Company
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Speak to your insurance advisor to get
affordable life insurance quotes
If youve chosen term life insurance, are you
allowed to convert it into life insurance
Can you add riders to the policy?
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