Few life events can bring about the excitement of getting married. Likewise, few events can have as big of an impact on your finances. With proper planning, life insurance can help provide a solid financial foundation for you and your spouse.
The primary purpose of life insurance is to provide for those who are dependent on you in the event of your untimely death. Often, that means your policy will benefit a spouse and children (if any) by paying off debt and setting aside enough for living expenses.
Even if the two of you choose to keep separate bank accounts, it is important to include your spouse when making decisions about life insurance. You both may benefit from more appropriate levels of coverage.
Matters to decide with your spouse
What to consider
Marriage is an exciting life stage. With thoughtful planning, taking care of financial matters like life insurance can bring about pleasant results - now and in the future.
Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.
Exclusions, restrictions, limitations, and reductions in benefits will, in certain situations, apply to your policy. For full details, including costs, call us at 877 276 9429. Please note that the issuer has the right to contest the policy for misrepresentation by the applicant.
Insurance products issued by TIAA-CREF Life Insurance Co., New York, NY.
We can help you be prepared for emergencies with life insurance.