Take note of when your policy expires, though — a term policy might expire before the policyholder passes,
leaving your spouse financially exposed.
Not exact matches
For example, while many people feel that those who have a
spouse and / or child depending on them
financially are the only ones who need this type of coverage, the reality is that anyone could
leave their loved ones with financial hardship in case of the unexpected.
If you really want to help protect your
spouse, children or other loved ones in the event you are no longer able to
financially support them,
leave the iPhone and Tickle Me Elmo at the mall and buy a Term Life Insurance or Accidental Death Insurance policy.
In the event of your untimely passing, the last thing you want to
leave behind is a
financially burdened family or
spouse.
If your
spouse and children are already
financially secure, some retirees will purchase a life insurance policy to
leave a large donation to their favorite charity.
The
spouses were
left financially and emotionally bereft by the court system.
Even so, how does one explain the divorce that takes two years, is
financially ruinous, and
leaves the former
spouses unable to talk to each other even as they attempt to parent their children?