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	<title>New answer on: What Are Some Reasons An Expecting Parent Should Get Life Insurance?</title>

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		<title>By: Stan Cox II</title>

		<link>http://insurancelibrary.com/life-insurance/what-are-some-reasons-an-expecting-parent-should-get-life-insurance</link>

		<dc:creator>Stan Cox II</dc:creator>

		<pubDate>Sat, 20 Jun 2015 01:05:51 +0000</pubDate>

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		<description><![CDATA[The reasons that an &quot;expecting parent&quot; should implement Life Insurance are the same as for anyone who wants to leave an inheritance to an heir. Whole Life Insurance, in my opinion, is the only type of policy one should consider in that case and one of the main reasons is because Whole Life truly does create an estate for the benefit of heirs of the insured. Additionally Whole Life can also supplement Retirement income for the owner while also providing a cash benefit to the heirs.

Another reason for getting a whole life policy when expecting a family is to be able to provide money for the children&#039;s higher education ie tuition. And there are many other reasons as well! If you would like more information and advise please contact me!]]></description>

		

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		<title>By: David Racich</title>

		<link>http://insurancelibrary.com/life-insurance/what-are-some-reasons-an-expecting-parent-should-get-life-insurance</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Tue, 25 Jun 2013 15:36:25 +0000</pubDate>

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		<description><![CDATA[The odds are high that you already have financial liabilities and with a child additional financial liabilities and future obligations like education, weddings as well. The child, will more than likely, become one of the beneficiaries of your policy to protect that child from economic hardship and undue financial suffering.  But in the end the economics of life insurance are driven by love for the child.
 ]]></description>

		

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		<title>By: Simpson Financial Solutions</title>

		<link>http://insurancelibrary.com/life-insurance/what-are-some-reasons-an-expecting-parent-should-get-life-insurance</link>

		<dc:creator>Simpson Financial Solutions</dc:creator>

		<pubDate>Tue, 25 Jun 2013 13:36:20 +0000</pubDate>

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		<description><![CDATA[As a parent myself I don&#039;t want to leave any financial burden for my family. I always look at four items when I sit down and design a life insurance plan. 1) Debt 2) Income 3) Mortgage 4) Education. If either parent dies prematurely we know that we will pay off debt (ei..car and student loans), replace your income or a fund for daycare if we have a stay at home parent, pay off the house and develop funding for future college needs.

In regards to insuring the newborn it would be to guarantee the child&#039;s insurability. Meaning if the child has a major medical condition we are able to ensure we have a life insurance plan in place for the rest of the child&#039;s life. As the child may not be able to buy coverage due to poor health in the future. Many policies have what&#039;s called a Guaranteed Insurability Rider. At certain ages or milestones you can increase the death benefit without underwriting.]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>http://insurancelibrary.com/life-insurance/what-are-some-reasons-an-expecting-parent-should-get-life-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Tue, 25 Jun 2013 13:05:37 +0000</pubDate>

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		<description><![CDATA[An expecting parent has at least 20 years of reasons for life insurance ahead of them. Would there be enough income to pay for good childcare if one parent passed? How about basketballs shoes, cheerleading outfits, study guides for the SAT? How about college?&#160;

Most expecting parents have not had time to build up a good nest egg before the birth of their first child, and it is really hard to grow it while raising children. Life Insurance provides a large, immediate source of income upon death, and has a very reasonable price at your age. Since your need is limited,  20 to 30 year Term insurance would suffice on each of you, and that is very affordable.

If you like, you can add your baby to the policy for about $5/month, and that will ensure that he/she is able to get life insurance for the rest of his/her life, even if he/she would develop an uninsurable health condition later on.

Such an exciting time and what a lucky baby to have such thoughtful parents. Wishing you all the best.

PS You will probably need to wait until a few weeks after the baby is born for Mom to get her policy. ]]></description>

		

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