Here Are The Insurances Stay-At-Home Moms And Parents Need [Very Affordable]

Updated: April 12, 2024 at 9:40 am

Young mother reading a book to her children.Insurance for stay-at-home moms and parents?

Ha, you think!

But, you should know if you are a stay-at-home parent, you know your household can not function without you.

A large misconception for stay-at-home moms and parents is that, because they essentially earn $0, they have no worth. Nothing can be further from the truth.

In fact, many reputable industry sources illustrate that a stay-at-home parent “earns” anywhere from $100,000 to $160,000 annually from all of the things they do to keep the household functioning. One website, for instance, states that a stay-at-home mom is worth over $1780,000 in 2021. No different than the household breadwinner, stay-home-moms and parents need to protect their worth in case of the unexpected.

Yes, stay-at-home moms and parents need insurance protection, too.

Let’s talk about these insurances next.

Why Do Stay-At-Home Moms And Parents Need Insurance?

You only need to understand the magnitude of your worth by thinking of scenarios if you were no longer around. Here are questions you and your spouse needs to answer:

  • What would your family’s situation be if you suddenly died or became disabled?
  • How would your surviving spouse carry on?
  • How would it make you feel if your surviving family struggled?
  • What are the implications of doing nothing at all?

Fact is, unexpected death, sickness, and disability can happen to anyone. These unfortunate situations don’t discriminate: black, white, employed, unemployed, working parent, non-working parent, old, young, rich, poor. Unexpected death and disability affects anyone. If, as a stay-at-home parent or a spouse of one, you want the best for your family, there are simple ways to put a plan together to protect yourself and family.

The aforementioned questions can be scary to answer. Those scenarios can be very real and painful; however, your answers paint a clear picture of what could happen upon your unexpected death or disability.

If it seems scary, don’t worry; it doesn’t have to be this way.

Let’s talk about these insurances next.

Stay-At-Home Moms And Parents Need Disability Insurance

A long-term disability can occur in 1 and 3 adults. That is frequent. In fact, a long-term disability can occur more often than an unexpected death. Disability insurance will pay a portion of your salary in the event of a long-term disability.

“Wait”, you say, “I don’t earn any income. How can I obtain disability insurance?”

Good question.

Luckily, several carriers recognize the value of stay-at-home moms and parents and offer disability insurance even though they have no official earnings.

Most carriers offer a maximum of up to $2,000 per month. Some up to $1,00. While that may not seem like a lot to you, think about what you could do with $2,000? Stated another way: how would your family situation be different if you had an additional $2,000 per month?

If the answer that it could help greatly, then you need disability insurance. Thankfully, it is generally inexpensive.

Stay-At-Home Moms And Parents Need Life Insurance

This is an obvious one. Like long-term disability, unexpected death does not discriminate. It can happen to anyone, any religion, race, gender, age or working status. We don’t have to go into detail on what family life would look like if you were not around.

Where many stay-at-home moms and parents go wrong is that they do not obtain enough coverage on themselves, feeling that because they earn nothing, they don’t need a lot of life insurance. WRONG! They may obtain $100,000 of coverage, but is that really enough? We just described several, real scenarios above which could happen. A $100,000 would deplete rather quickly.

Our advice: use our life insurance questionnaire. If you click on the link, you will see we already input the salary. You can see, without additional need, you may have a life insurance need of $700,000! Did you want to include a mortgage payoff? College savings? If you have small children, the life insurance money can be used to help out your surviving spouse with day care, a house cleaner, etc. Did you want to include that?

Obviously, the final number is different than what we provided, but this questionnaire will help you really think about your worth. At least you will see your worth is much greater than the standard $100,000 death benefit coverage.

Other Insurances For Stay-At-Home Moms And Parents

Disability and life insurance are the foundational insurances a stay-at-home mom or parent needs.  (Health insurance is needed as well. Usually the working spouse obtains coverage through employment.) These are non-negotiable. After establishing these insurances, other insurances which could fit a family situation include:

Accident insurance – it is incorrect to think that health insurance pays for everything.

It does not.

Accident insurance will help pay for deductibles and out-of-pocket costs in relation to an accident, both on and off the job. Have active family and kids? Strenuous job? This type of insurance is typically inexpensive with good benefits to pay for these out-of-pockets costs. It is 24/7 coverage, which means both on and off the job. Your spouse and family are covered. too. So, if your son hurts his ankle playing soccer, most likely the trip to the ER, x-ray, and other services are covered.

Critical illness – these plans generally cover cancer, heart attack, and stroke. Many more carriers are covering additional illnesses and conditions such as MS, Parkinson’s, etc. Like accident insurance, critical illness will pay upon a covered illness, usually in lump sum format. Some are policies will provide an ongoing benefit for wellness, treatments, etc.

Once disability and life insurance are in place, these insurances can be considered.


It is clear that stay-at-home parents and moms need insurance. Disability and life insurance are the foundational insurances. Once these are established, the family can look into additional insurances for protection. We at My Family Life Insurance can help stay-at-home parents determine the coverage – and the right coverage – they need. Feel free to contact us or use the form below. We have helped many stay-at-home parents secure the insurance they need for peace-of-mind.

Learn More

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