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

Updated: May 30, 2022 at 12:45 pm

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.

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5 Good Reasons You Need Disability Insurance

Updated: August 3, 2020 at 10:43 am

5 Good Reasons You Need Disability Income Insurance - Blog for My Family Life InsuranceDon’t think you need disability insurance? Well, you probably do. One in 3 working adults will experience a disabling injury or illness lasting longer than 90 days. Considering that the odds that your house will burn down is 1 in 100, and you probably have an adequate amount of homeowner’s insurance, isn’t it time to protect your paycheck in case you can’t work due to a disability?

In this article, we discuss the 5 reasons you need disability insurance.`

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How The Definition of Disability Affects Your Benefits

Updated: March 13, 2020 at 1:58 pm

How The Definition of Disability Affects Your Benefits - Blog for My Family Life InsuranceAs they say, “It’s all in a name.” In this case, the definition of disability in your policy determines whether or not you will receive benefits from your claim.

The definition of disability is the “heart” of your policy. It is critical you understand how the carrier views your disability. The carrier pays (or not) the disability benefit based on this definition.

Let’s see an example of how important it is to understand your policy’s definition of disability.

 

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