This post was sponsored by MetLife as part of an Influencer Activation for Influence Central and all opinions expressed in my post are my own.
Although there are certainly more than three, let’s take a look at the top three reasons women should have life insurance.
In today’s society women comprise nearly half of our workforce! We share equally in the financial support of our homes. Many of us even bring home the larger salary which our needs, hopes and dreams depend upon. Many women contribute significant amounts of financial support through work from home businesses such as LulaRoe, Etsy shops, Ebay and like myself, blogging.
Because you supplement your household income with a home business you should seriously consider providing life insurance!
Life insurance is not about you. It is about your loved ones, the spouse and children who will face financial struggles after your untimely death.
Words like overwhelming and devastating are used to describe the grief a family experiences with an untimely death of a young mother. If the family did not have life insurance on the young mother you could also include the word catastrophic to describe the financial stress the family will now endure.
My own family has suffered what I consider to be an inordinate number of deaths and grief including children and young adults. We have learned the value of life insurance. We have seen firsthand the effects of a family left with no financial security when one income is snatched away and there was no life insurance to fill in that gap.
Lifestyle changes may include sudden child care expenses if you were a stay-at-home Mom. The average cost of child care for a four year old is about $1,080 per month! With the loss of one income, will your spouse be able to afford it?
Your surviving spouse may need to take on a second job to make ends meet. This could mean even less time Dad is available to spend with the children.
If you and your spouse were preparing for the educational future of your children or saving for their weddings someday, how will those plans be affected?
Our friend’s wife passed away suddenly at the age of 54. They had a nice life together pursuing the American dream, raising their sons, buying a home and taking vacations. Now her income is no longer there but all of the debt still remains. They never talked about life insurance or what would happen if one of them died suddenly. He is struggling to make ends meet and making tough decisions about financial sacrifices. Their college age son had to go to take a minimum wage job rather than attend college.
How will your family afford to pay for your burial expenses?
My friend passed away at a young age after a brief illness. There was no money for a funeral. Even though the devastation of her death was huge, there was more strife ahead for her husband. Her income was greater than his. He was forced to move out of their home and unable to even keep all of their possessions.
Top Three Reasons Women Should Have Life Insurance
- Replace lost income.
- Provide for their children.
- Cover burial expenses.
Life insurance can be the difference between a secure and an insecure financial future for the family you leave behind.
It is nice to know that MetLife has created a simple term life insurance product that provides up to $500,000 in coverage!
- Applicants receive a yes/no decision about coverage and a quote in real-time online or by phone.
- MetLife Rapid Term can be a great solution for busy women to get life insurance they can depend on.
- With MetLife Rapid Term, applicants will never be asked to complete an in-person medical exam or submit fluids, like blood or urine, ever; the application just asks a handful of health questions, which can be completed online.
Get your quote now by clicking this link! We did and it was super easy and only took a few minutes!
For more information on the full terms, conditions and limitations about the MetLife Rapid Term product, I encourage you to look at MetLife’s MetLife Rapid Term website.
 Child Care Aware® of America, Parents and the High Cost of Childcare: 2016