Happy Mother’s Day to all you moms out there! Whether you’re a working mom, single mom, or a stay-at-home mom, you deserve celebration not only on this special holiday but every day of the year.
Not only are moms raising children, but women in general are rising in the workforce and many are in charge of family finances. These are big changes compared to 10-20 years ago. You know what hasn’t changed though? The fact that women are still underinsured when it comes to life insurance.
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It’s commonly advertised that the primary breadwinner of the household should have life insurance, and while this is very true, there are two issues with this thought.
The first issue is that society still visualizes the primary breadwinner to be male, so even if women are the primary income earners, life insurance isn’t at the forefront of their minds or the minds of people marketing life insurance.
The second issue is that even if you are not the primary income earner, there is a very good chance you still need life insurance.
According to a