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Life Insurance for Stay at Home Parent

Do stay at home parents need life insurance?

That's a good question, and if you or your spouse is a stay at home parent you may be wondering if you need life insurance to protect your family.

First, consider everything a stay at home Mom or Dad does for their family. Think about all of the errands you run, and cleaning the home, making the meals, washing the clothes, doing the dishes, and handling the health care visits, walking the dog, and all the of things you do for your family if you are a stay at home parent.

Then, imagine how much you would have to pay someone to do everything you do for your family - which may take 8-10 hours per day, or more. It adds up quick, and the cost may run your family in excess of $50,000 per year if something happened to you.

So, the answer is "Yes", a stay at home parent does need life insurance.

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