Reason 5/8 For Purchasing Life Insurance




No one wants to think about their own death, but when you have a family you have to plan for this possibility. The most important piece of this planning is establishing a monumental life insurance policy.

The death of a parent is a particularly traumatic event for any child to face. However, it can be even more overwhelming if the child has to change his or her routine. The only way to guarantee that a surviving family will not have to change their routine is to assure that adequate finances are available to maintain the existing lifestyle. This can be accomplished by purchasing a life insurance policy.


In an ideal situation, the surviving spouse would be able to stay at home with the children and focus on their needs. This means that an individual must have enough life insurance to provide for all living expenses for a period of several years. An adequate life insurance policy will have a benefit that will allow the surviving family to remain in the family home, participate in all their usual activities and face life without having to worry about finances. Individuals must also consider if they will need funds to purchase items such as health, vision and dental insurance, which may have been provided by the deceased spouse’s employer.

Life insurance allows a parent to provide for his or her children’s needs in the result of their untimely passing. An adequate policy (or policies) will decrease the stress placed on the children and surviving spouse and allow them the opportunity to deal with their grief and lead their lives.