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With over 76 years of experience, The Jordan Insurance Group is an industry leader in Life Insurance strategies and Employee Benefits. We strive for excellence through our due diligence in selecting products to satisfy our clients’ needs with proven benefit designs and tax strategies. Our Team utilizes a diversified multi-level approach in preserving, protecting and growing wealth for our business and individual clients.

Starting a Family? Here's Why It's Time to Consider Life Insurance

William Jordan William Jordan , 1/7/2015
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Having a baby will be one of the most exciting events in your life. It's life-changing, and you and your partner probably thought long and hard before making the decision. As you plan for the arrival of your baby, go beyond buying clothes and decorating the baby's new room. It's equally important to think about practical matters such as preparing for the unthinkable with life insurance. Time for Life Insurance? Before starting a family, you may not feel a need for life insurance. You might be single and not have anyone else depending on your income. Or, your spouse might also be a breadwinner and able to fend for him or herself if something happened to you. Once you have a child, the situation changes. Getting life insurance is just one more way in which you're going to need to be more responsible as you're a parent. Secure Your Baby's Future First, your baby is depending on you for financial support. It's going to be a long time until your child grows up and is financially independent. If you're not around to bring in some money, how would your family survive? Getting a life insurance policy can ensure that there would be enough money coming in even if something happens to you. Consider Your Household's Changes in Income Second, your household may be transitioning if you or your spouse is planning to stop working and stay at home with the baby. You may be getting by on only one income instead of two, making it even more important for the working parent to take out a life insurance policy. If something should happen to the working parent, the surviving parent and your child would still have an income. Starting a family gives your life a whole new direction. Do your best to be prepared for anything by getting life insurance that'll protect your child should something happen to you.