Having young kids is an exciting chapter of life. As parents, it’s our job to provide all the love, care, and opportunities we can for our children. But the harsh reality is that none of us know what the future holds. That’s why term life insurance is so important for families with young children. 

Term life insurance provides affordable financial protection by paying out a lump sum if you pass away during the policy term. This money can help your family maintain their lifestyle, cover funeral expenses, pay off debts, and save for the future. For parents, it’s especially critical – without your income, how would your spouse cover the mortgage, bills, childcare, and other expenses? How would college tuition get paid? 

For example, consider Mike and Jessica, parents of a 2 year old and a newborn. Mike is the breadwinner, making $60K per year. They have a $200K mortgage. If Mike were to pass away without life insurance, Jessica would struggle enormously as a now single parent. But with a $500K term life policy, Jessica would have funds to pay off debts, pay for childcare so she could work, and put money away for college. 

Term life insurance gives young families peace of mind that their children would be taken care of financially if tragedy occurred. It’s affordable too – often less than $30 per month for hundreds of thousands in coverage. Get a quote today to protect your family’s future.