When you're a single parent, your child is your top priority. It may feel like a tough job, but one look at her smile tells you it's also the most rewarding. It's quickly becoming a normal way of life in America, too. In fact, the number of single parent households has tripled since 1960. Now, according to the latest census information, 28% of all American children live with only one parent.* That's more than 1 in 4 kids who only have one person to depend on!
If that person is you, life insurance is more important than ever.
It's Up to You to Protect Their Future
Take a moment to think: if something happens to you, what happens to your child? You're the one who pays for food, shelter, school necessities, clothes, and more. What would her future look like without you? Financially speaking, it may be rough. But it doesn't have to be.
You can do something about it.
Protecting her future is as simple as a few clicks. If you're on a tight budget, look to affordable term life policies that offer protection for 10, 20, or 30 years. I advise all my clients who are parents to insure themselves until their child is at least 18. You may also want to help her pay for college. That's easy, too, when you select the right coverage amount.
Affordable Life Insurance Policy Options
If you think it's too expensive to get life insurance, take a look at the quoted prices below. These quotes are for a 40-year old male, in good health, who doesn't smoke. To get $500,000 of life insurance, here's how much common term lengths cost:
- 10-year policy, $500,000 coverage: $20 - $30/month
- 20-year policy, $500,000 coverage: $30 - $40/month
- 30-year policy, $500,000 coverage: $58 - $80/month
Can you afford as little as $20/month to insure your child's future? I'll help you find the right coverage at the right price. Peace of mind is a great gift to give yourself, and a bright financial future is an amazing gift to give your child.