Does a Stay-at-Home Parent Need Life Insurance?

Yes, absolutely! No question about it. The stay-at-home parent is contributing multiple ways to the family, and the costs for those contributions can add up substantially. If the stay-at-home parent were to die, the working parent would still need to work, but would also need to pay for childcare and take on all of the household jobs. The price tag on childcare alone is expensive. It would be a huge financial strain on a family, especially after a terrible loss.
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​This is where life insurance comes in to play. With the right coverage, the surviving spouse could afford the help they need in a difficult situation. A term life insurance policy would come in handy if the surviving spouse now needs to pay for childcare and hire other workers for help around the house. The life insurance death benefit could greatly ease the financial strain. 

Pepe Insurance Agency is your trusted local insurance agent located at Poughquag, NY in Dutchess County. We do our best to make sure that our clients are well-protected with affordable life insurance. We make sure to go the extra mile to help you with your needs.