Having A Baby? You'll Need Diapers, Toys...And Life Insurance
(NAPSI)-While there are many issues that need to be
considered when you have children, planning for your family's financial security should be
at the top of your list. Just as you plan to feed your children a healthy diet, buy car
seats and safety locks, and place dangerous chemicals out of harm's way, purchasing
adequate life insurance coverage
is considered part of your overall duty as a responsible parent.
Choosing life
insurance policies that protect your family is something that should not be taken
lightly. The amount of life insurance you need depends on the level of protection your
family would require in the unfortunate event of a loss. It can help pay for the support
of your dependents, their education, mortgage payments and other financial obligations.
With the right life insurance plan, you can rest assured that your family's financial
needs will be satisfied.
Because life
insurance is not a "one size fits all" product, it is important to discuss
your options with a professional
insurance agent. There are several permanent life insurance products that can be
tailored to suit your particular circumstances. Term insurance may be right for younger
people with limited means who need temporary protection. Later, as life changes occur, you
may wish to convert that policy to permanent insurance coverage. When all is taken into
consideration, you may find that a combination of permanent and term insurance is best for
you. No matter what your needs, goals, hopes and dreams, a solid life insurance plan can
help you sleep at night-that is, if your children let you sleep.
To start planning for your family's future, visit the Agent Locator at www.newyorklife.com, or write to New York Life
Insurance Company, 51 Madison Ave., New York, N.Y. 10010.
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