Last Updated on December 4, 2018
Myth N° 1: Life Insurance Is Only Important If I’m The Main Breadwinner In The Family.
Unfortunately, many people still believe that life insurance is only a good choice for the primary breadwinner in the family, which is really wrong! In fact, whether you work outside the home or you are a stay-at-home parent, purchasing a life insurance is a smart and wise choice.
Life is quite unpredictable and one cannot tell what life may bring. Therefore, whether you earn a large or a small paycheck, know well that your family will depend on your income to maintain an honorable living if something were to happen to you!
It is also important for stay-at-home parents to get a life insurance as they do quite valuable services such as childcare, housecleaning, cooking, and more, which can be quite costly to replace for a surviving partner!
