Women are reaching new milestones all the time. Just in the past generation, more women have become their family's primary breadwinners.1 As we reach new heights, professionally, personally, and financially, some things never change. We still seek to nurture and care for the people we love, promising a supportive ear to a friend, or the future of a college education to our children.
As we continue to grow, we learn more about the importance of having a solid financial plan to help us keep our promises — but where does life insurance fit into that plan?
Is your largest asset — your anticipated future earnings and contribution to your household — properly insured? Life insurance can help protect your family's future in the event of your loss by providing proceeds that are generally tax-free to your survivors.2 The appropriate amount of insurance depends on your needs and personal circumstances, but both you and your spouse or partner may each need life insurance equal to at least 10 times your annual salaries.
Learn about your life insurance choices and get a preliminary life insurance quote today — without obligation or pressure to buy. Or, if you would like to get personalized advice from a TIAA-CREF Life Insurance Representative, call 877 276-9429.
1 Our Working Nation - Center for American Progress , Accessed November 28, 2012
2 There are some exceptions to this rule. (See IRC Section 101(a).)