As parents, you would do anything to protect your children. One of those ways is by having life insurance if the unthinkable happens, and the primary breadwinner in the household suddenly passes away. However, even the parent in charge of taking care of the kids while their spouse or partner works needs coverage. Here are a few reasons why stay-at-home parents need life insurance from Tarheel Insurance Group in Wilmington, NC.
A Stay-at-Home Parent Does a Lot
From helping with homework to making meals, it is easy to say that a stay-at-home parent does a lot to keep the household running. If they were suddenly gone, would you be able to take on those duties? Or would you have to hire someone, even temporarily, to help out? Would you suddenly have a large childcare bill?
These are why it is so important to purchase life insurance for the parent who stays at home. Their value in your household is immense, and without them, you’ll be saddled with numerous financial costs to keep everything on track.
Life Insurance to Pay for Funeral Expenses
The standard burial or cremation for a person in North Carolina can easily exceed several thousand dollars. While it isn’t pleasant to think about, this is a reality that many families are faced with after the death of a loved one.
Having life insurance to cover these costs is important. Instead of taking on a financial hardship during an already difficult time, you can rest assured that everything will be taken care of in terms of final expenses.
If you’re ready to start the discussion about buying life insurance in Wilmington, NC, we would love to talk with you. Please contact our team at Tarheel Insurance Group today to schedule an appointment.