As a parent you probably have many dreams for your new child’s future. But how can you help ensure those dreams become a reality?
The cost of raising a child from birth to age 17 has increased to over $250,000* — and that figure doesn’t include the cost of college. If something happened to you, is your family prepared? How would your child be supported financially?
In the event of your death, having adequate life insurance can help your family replace your income, help pay off the mortgage, and even provide money to help your children go to college.
*Source: USDA Center for Policy and Promotion 2010 “Expenditures on Children By Families” Report.