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Category Archieve: Life Insurance Blog
  • Nov-07-2014
  • Richard Reich
Life Insurance for Single Parents

Single parents have unique concerns that they must address on a daily basis – this is especially true when choosing appropriate life insurance for single parents. Financial planning experts often suggest that single parents choose a plan that can provide for their child or children through high school and beyond, if necessary. Not all insurance policies address the concerns of single parents, and that’s why it’s important to do some research and find the right policy for your situation.

Here are a few things that you might want to consider when shopping for life insurance for single parents:

  1. How quickly can you get life insurance? With term life insurance, you can often get it rather quickly. That can be especially important for single parents.
  2. Would you pay more with your employer’s insurance if you can get it? Not everyone can get life insurance through their employer, and even for those who can, the price may not be right. These policies are based on other individuals’ health profiles, not your own specifically, so you may end up paying more with your employer’s insurance plan. Additionally, the amount of life insurance you can get through your employer might not be enough to meet your needs. You might also want to supplement it with another policy.
  3. How old are you? This question is important because term life insurance is typically cheaper when you are young and in good health. If you obtain term life insurance for single parents when you are young, you can lock in a lower rate.

No one wants to think about their death, especially when they have children, but with the right life insurance you can go about your daily business without the worry that your children won’t be taken care of, should the unthinkable happen. At LifeInsure.com, we want to help our customers, including single parents, to have peace of mind that their loved ones are taken care of.

 


Intramark Insurance Services


  • Intramark Insurance Services, Inc., Insurance Services, Glendale, CA

  • Intramark Insurance Services, Inc.
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