For all stages of the life of a woman

The life of a woman can be defined in stages, from childhood to the reproductive years and beyond. And while each woman deals with these life stages differently and made choices that were made for her, all women should have adequate insurance to protect their needs and those that may be based on them.

Life Insurance
life insurance is a key component of financial planning, the protection of those who remain in ensuring that they are not burdened by debts or can not cope with financial costs being after the loss. But according to LIMRA, a third of women are not covered by life insurance, while those are assured carry only enough to replace their income for three to four years (depending on their personal income) compared to the experts recommendations. seven to 10 years

studying statistics lifejackets Genworth Financial 2011 is equally alarming 6 million households (10% of families with children under 18 years) have no insurance life, and in single-parent families, more than half of single mothers are not insured.

But the numbers tell only part of the story. It is the impact of these figures on spouses and children who really emphasize the importance of having adequate life insurance. Be it a housewife or career woman or a combination of both, a woman makes an important contribution to his family. However, too often the work of the dollar value do women in their homes-calculated $ 34,256 a year and up to $ 44,913 for a mother of a minor child, according to Penn Mutual Worth for Women Survey, is rarely into account when choosing the amount of coverage of life insurance.

While no amount of money can replace the loss of a mother or wife, adequate life insurance policy can help provide child care, college education or replace it produces income while living.

Disability Insurance
We all want to believe we will be able to live life to the fullest, but accidents, injuries and illness can change the future in a moment . According to a LIFE Foundation survey, three out of 10 women can expect to suffer a disability that keeps them out of work for 0 days or more at some point during their working years. The result of a disability can be a crushing burden, both financially and emotionally.

• If the woman is an employee, the financial contribution may discontinue, temporarily or permanently, depending on its condition.
• If it is able to manage its myriad domestic and family responsibilities, there may be an additional expense of hiring someone to take his place.
costs • Out-of-pocket associated with disability can become an additional burden on an already depleted income.

Although disability insurance can not go back and get back some capacity has been lost, it can provide the insured with financial support to move forward in the new situation of life and reduce the burden on the family budget.

long-term care insurance
with disability insurance, long term care insurance tends to fall in the category "I'll think about it later" when women are doing their financial planning. However, "later" may be sooner than they might think. It's not just the elderly who have to worry about the need to pay for the long-term care. While 75 percent of people aged 65 and over will eventually need long-term care, according to industry estimates, 40 percent of patients receiving long term care are younger than 65.

the best time for women to consider long-long term care insurance is when they are in their 40s, when premiums will be lower. While it can be bought when a woman is in their 50s and 60s, the cost will be higher (much less than the overall cost of care) and the greatest risk that health problems can affect the qualification.

The transition through life stages can be both exciting and challenging. But with the guidance of an agent or advisor, the trip can be smoother and safer for women and their families. To help you find a counselor, if you do not have it, click here.