Contact Us:  (770) 413-0807
Cornerstone Insurance Agency
  • Home
  • Quotes
    • Boat Insurance Quote
    • Auto Quotes >
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Insurance Bond Quote
      • Georgia Used Car Dealer Insurance
      • Workers Compensation Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Final Expense Insurance Quote
      • Umbrella Insurance Quote
    • Property Quotes >
      • Home Insurance Quote
      • Excessive Property Claims
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
    • Business >
      • Georgia Used Car Dealer Insurance
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
      • Workers Compensation
    • Life/Financial >
      • Life Insurance
      • Final Expense Insurance
      • Umbrella Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
      • Excessive Property Claims >
        • Landlords Insurance Quote
  • Blog
  • About
    • Staff Directory
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Local Links
    • Videos
    • Newsletter Signup
    • News
    • Reviews
  • Contact
  • Home
  • Quotes
    • Boat Insurance Quote
    • Auto Quotes >
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Insurance Bond Quote
      • Georgia Used Car Dealer Insurance
      • Workers Compensation Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Final Expense Insurance Quote
      • Umbrella Insurance Quote
    • Property Quotes >
      • Home Insurance Quote
      • Excessive Property Claims
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
    • Business >
      • Georgia Used Car Dealer Insurance
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
      • Workers Compensation
    • Life/Financial >
      • Life Insurance
      • Final Expense Insurance
      • Umbrella Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
      • Excessive Property Claims >
        • Landlords Insurance Quote
  • Blog
  • About
    • Staff Directory
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Local Links
    • Videos
    • Newsletter Signup
    • News
    • Reviews
  • Contact

Agency Blog

Buying Life Insurance If You Are A Stay-At-Home Parent

1/19/2018

0 Comments

 
Picture
Should anything bad happen, a stay-at-home parent can benefit from life insurance. For example, the life policy can help the other working parent take a leave from work. It can also cover the cost of education, child care, daily transportation, and home maintenance.
As a stay-at-home parent, take these considerations in mind when buying life insurance:

  • Time Period - It is important that the plan you get is within the right time frame especially if you buy term policy. For example, the number of years that your spouse will continue working until the time of retirement. Another factor to consider is the length of time your child will graduate from college.
 
  • Lifestyle - Assess and weigh the things that is important to your family. Should something unfortunate happen to you, what aspect do you want to be taken care of? Is it money for education, child care, or mortgage? Decide what is best for your family, so you can have something to depend on during difficult times.
 
  • Family Member - Take into consideration the number of people in your family that would benefit from your life insurance. How many children do you have? What are their ages? Do you still have younger children, or perhaps someone with special needs? These are some of the things that you need to consider. You may opt to increase the amount of your policy if you have a child with special needs to help you cover the costs that come with it.
 
  • Additional Benefits - You may want to change your term insurance policy to permanent coverage. You may also want to add riders in your policy to obtain supplemental benefits. In such case, ask your insurance agent about the best option for you.

Cost of Life Insurance

If your family depends on one income, the cost of life insurance is an important concern. Let's say, your term policy is $250,000, then it would cost you $150 every year.

But, a study revealed that policyholders tend to overestimate the amount of their insurance. They do not understand their insurance plan, which is why they often overestimate the insurance cost.

Insurance agents generally recommend term insurance if you want an affordable option that covers a specific time period. It is also the ideal option if you have a young family and still paying your mortgage.

Basically, you can get life insurance for a lower cost if you are healthier and younger. Therefore, talk to an agent now about life policy that can meet the needs of your family and your budget.

At Cornerstone Insurance Agency, we put our clients first by offering them policies that they can afford. Learn more about our products and services by calling our agency at (770) 413-0807. You can also request for a free quote by CLICKING HERE.

​
0 Comments



Leave a Reply.

    Contact Us

    (770) 413-0807
    2330 Scenic Hwy S
    Snellville, GA 30078
    Click Here to Email Us

    Archives

    April 2023
    January 2023
    December 2022
    November 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    August 2016

    Categories

    All
    Apartment Building Insurance
    Auto Insurance
    Business Insurance
    Commercial Auto Insurance
    Commercial Buіldіng Insurance
    Conversion
    Conversion Clauses
    Cоnvеnіеnt Store Inѕurаnсе
    FAQs
    Financial
    Flood Insurance
    General Lіаbіlіtу Insurance
    Georgia
    Health Insurance
    Home Insurance
    Insurance
    Life Insurance
    Local
    Safety
    Workers Compensation Insurance

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Social Media

Newsletter Signup

Contact Us

Cornerstone Insurance Agency
2330 Scenic Hwy S
Snellville, GA 30078
(770) 413-0807
Click Here to Email Us

Location

Website by InsuranceSplash