Sunday, September 4, 2011

For the "what if's" in life...

As parents, we do everything we can to protect our children. We hold their hands in parking lots, look both ways and back again when crossing a street, and strap them securely in their car seats.

We want to protect their little bodies, so we encourage them to eat healthy and exercise.

There is one really important thing that many of us forget... and that's emergency planning. Where will your family meet up if something were to happen in your city? Where is your safe outdoor spot if the fire alarms go off? Who will care for your children if something were to happen to you?

Even though it was a difficult conversation, my husband and I have drafted a will. We decided who will take Amelia in the event both of us are gone. We determined how our money would be saved and distributed to cover her needs as she grows up. And we bought life insurance.

Life insurance will allow either one of us to pay the home mortgage in full if the other passes away. It ensures that our medical/funeral expenses will be covered. It gives us the peace of mind knowing that Amelia will be taken care of, and we will not leave a financial burden on any loved ones.

Not sure where to start? Genworth Financial has a comprehensive and helpful website with answers to many common questions.

What is Life Insurance?
How do I calculate the amount I need?
How do I talk to loved ones about life insurance?

Take a look, then start that conversation. Because our children are worth it.

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The best time to plant a tree was 20 years ago.
The second best time is today.

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This post sponsored by Genworth Financial. I was compensated, but all opinions are 100% mine.
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