If you just had a new baby then Congratulations on the new addition to your family!
In the middle of this exciting time don't forget to review your current life insurance policy and consider purchasing a new policy for the little one. Doing this will help you plan for the unexpected. Here are a few things to consider:
- If you don't currently own life insurance, how would your spouse cover the cost for childcare among other bills, if you die or are disabled and lose the ability to earn a paycheck?
- If you already have coverage, has the addition of a new little one changed your situation as fas as the amount or length of coverage your family might need?
It is never too early to protect the newest addition either. Some policies start coverage as little as 15 days in age!
Contact an insurance agent to get more information and learn how to start protecting your family today.