As you start a family, consider these ideas.
Being a parent means being responsible to a degree you never have been before. That elevated responsibility also impacts your financial decisions. You are now a provider and a protector, and that reality may make the following financial moves necessary.
If you buy a home and you have no life insurance, there is a financial risk. It may not be immediately evident, but it must be acknowledged -- and it should be addressed.
Shop wisely when you look for coverage.
Life insurance is universally recognized as an essential pillar of a financial plan for providing much needed capital in the event of a breadwinner. It is also fundamental to other planning needs, such as estate planning to pay for settlement costs and taxes, and business planning for business continuation or key person protection.