Disclosure: Information for this post is sourced from Genworth Financial in partnership with the SheHeard Influencer Network.
When we made the move from one state to another, I was certain I would keep working and have the wonderful benefits and salary that I'd been making for years. What really happened is we moved from the big city of a very prosperous state into a rural area of a state that was very economically challenged. To boot, it was a move from a warm weather place to a cold one. That meant, and I didn't know it at the time, but I sure know it now, that in order to get that great job where we had moved, I would have to drive over an hour each way to work, five days a week (sometimes more)...and in the inclement weather months, I would have to do it in scary driving conditions.
After spending a year at a local but mediocre-paying job that I hated (and has since gone out of business), my husband and I made the decision that we would have one last child instead, and that I would become a stay-at-home-mom. That decision has been wonderful in so many ways, but it has been scary too. One of the things that really concerns me is my now-lack of life insurance. While I had this very important detail taken care of at my previous place of employment, there was no such thing as a benefits package that included life insurance for Stay at Home Moms.
In reading Why Stay-at-Home Parents Need Life Insurance, I found myself presented with this question:
"If you died tomorrow, would you have the money to hire people to do all of the things that you do for your family on a day-to-day and year-to-year basis?"
The answer for me, is of course not. While my husband has life insurance at his job, I currently have none. If something were to happen to me, so many areas would be left in the air, and it would put my husband in a very precarious position in many ways, including financially.
Life insurance is a great way to have a plan in place to prevent chaos if the unthinkable does occur. That's where Genworth Financial can help. With information to help guide you on how much life insurance you need, what the typical cost will be for someone in your age group, and other equally pertinent information, I am slowly feeling like I can make it past this temporary hurdle and get a plan in place that will ensure I am not leaving behind unnecessary hardship for those I care about the most (and that is very important to me).
If you are a stay-at-home-mom, seeking out life insurance makes good sense. Be sure to visit Genworth to find out why and what exactly you can do to go about putting a plan into place that works for you.