Recently, we were chatting to a mommy social media influencer when she stated something shocking—“I have a $10,000 life insurance policy. My husband makes plenty of money and I don’t bring home any real income. That should be enough, right?”
Life insurance companies sometimes get a bad rap. I mean, who loves paying an extra bill each month, even if it’s for a good reason? However, when it comes to making good on their guarantee of financial protection for loved ones, they do almost always make good on their word.
Understanding the basics of life insurance is complicated enough, but you got it! You’ve figured out the difference between whole life vs. term life insurance, decided on who your beneficiaries will be, and calculated the perfect payout amount.
Want to hear the least controversial headline ever? Mom life is crazy! Thankfully, we have modern technology at our literal fingertips to help us make this insane, beautiful adventure just a little bit easier.