Life insurance
Does a stay-at-home parent need life insurance?
Often, yes. If a stay-at-home parent died, the family would likely have to pay for child care, household help and more, and the working parent might have to cut back on work. Life insurance gives the family room to cover that.
What the coverage would need to replace
- Child care and after-school care until the children are older.
- Cooking, cleaning, transportation and household management.
- Time off or reduced hours for the surviving parent.
- Final expenses.
How to think about how long
Many families look at coverage that lasts until the youngest child is grown and the mortgage is paid. A term policy is a common way to cover a specific stretch of years.
Have this ready when you call
- Ages of both parents and children
- Mortgage balance and other debts
- What child care would likely cost where you live
- Existing coverage through work
Common questions
How much coverage is reasonable?
It depends on the number and ages of your children and what care costs where you live. We can help you work through it.
Does the parent need a medical exam?
Some policies require one and some do not. We can explain the options on a call.
Related answers
Rather talk it through?
Call 855-367-1095 and a licensed agent will go through your situation with you. There is no charge to ask, and no obligation to enroll.
- Licensed insurance help
- No guaranteed eligibility, pricing, or availability
- Educational starting point
Information on this site is educational and does not guarantee eligibility, enrollment, pricing, or availability. It is not a recommendation to buy any specific plan or policy.