Contact Us: (503) 222-1951
Arnold, Bruce & Doerfler
  • Home
  • Quotes
    • Auto Quotes >
      • ATV Insurance Quote
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Surety, License & Permit Bond Quote
      • Workers Compensation Quote
      • Cyber Liability & Protection Quotes
      • Management Liability – Professional Liability (E&O) Quotes
      • Directors and Officers Liability Quotes
      • Commercial Crime Quotes
      • Fiduciary Liability Quotes
    • Property Quotes >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Wedding and Event Insurance Quote
      • Umbrella Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Surety, License & Permit Bond
      • Workers Compensation
      • Cyber Liability & Protection
      • Management Liability – Professional Liability (E&O)
      • Directors and Officers Liability
      • Commercial Crime
      • Fiduciary Liability
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Other >
      • Wedding and Event Insurance
      • Umbrella Insurance
  • About
    • Staff Directory
    • Lloyd Purdy & Company is now with Arnold Bruce & Doerfler
    • Taylor Zeller is now a part of Arnold Bruce & Doerfler
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact
  • Home
  • Quotes
    • Auto Quotes >
      • ATV Insurance Quote
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Surety, License & Permit Bond Quote
      • Workers Compensation Quote
      • Cyber Liability & Protection Quotes
      • Management Liability – Professional Liability (E&O) Quotes
      • Directors and Officers Liability Quotes
      • Commercial Crime Quotes
      • Fiduciary Liability Quotes
    • Property Quotes >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Wedding and Event Insurance Quote
      • Umbrella Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Surety, License & Permit Bond
      • Workers Compensation
      • Cyber Liability & Protection
      • Management Liability – Professional Liability (E&O)
      • Directors and Officers Liability
      • Commercial Crime
      • Fiduciary Liability
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Other >
      • Wedding and Event Insurance
      • Umbrella Insurance
  • About
    • Staff Directory
    • Lloyd Purdy & Company is now with Arnold Bruce & Doerfler
    • Taylor Zeller is now a part of Arnold Bruce & Doerfler
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact

Arnold, Bruce & Doerfler Insurance Blog

Can Stay-At-Home Parents Have Life Insurance?

4/11/2022

0 Comments

 
Picture
​You'll often hear that it's critical to have an insurance plan in place if you have individuals in your life who rely on you financially. If you are the sole breadwinner in a family of five, your family will most certainly struggle financially in the case of your death, necessitating the need for life insurance.

But what if you are unable to work? That is a common path parents take, especially when their children are young.

These days, the expense of daycare is outright exorbitant. What’s more, dependable care might be difficult to come by. As a result, many parents choose to leave their employment and stay at home with their kids, especially when they are too young to attend classes.

If that's the case, you might believe you don't need life insurance. After all, if you don't make a living, you wouldn't leave your family in a bind if you died unexpectedly, would you?

However, in some instances, even if you do not even earn a penny, it may be wise to have life insurance. 
What Does a Stay At Home Parent Insurance Cover?
The entire purpose of life insurance is to replace your income so that your family can continue to live the same life if something were to happen to you. That makes sense for the spouse who goes to work every day, but what about the stay-at-home parent? Why do SAHPs need life insurance at all if they don't make any money? Because of the services they offer. 

Here are some of the responsibilities of a stay-at-home parent:
  • Teacher
  • Childcare Provider
  • Chef
  • Housekeeper
  • Services for laundry
  • Tutor
  • Mentor

Why Do They Need Insurance?
We all know that there is no way to replace a parent. Nothing will ever be able to replace that need. However, the surviving spouse can employ someone to fulfill many of the obligations that the SAHP used to cover with the money from a life insurance settlement.

It's all about keeping your family going under the worst of circumstances. Life will never be the same again, but by employing someone to assist fill in the gaps (temporarily), you can ensure that no one's needs slip between the cracks.

End Words
While many other types of insurance are available to safeguard a person's family and possessions, life insurance is a critical sort of protection. If you die, the correct life insurance may help safeguard the individuals who rely on you the most. It is vital to get the best life insurance coverage to ensure that your loved ones are adequately covered.

At Arnold, Bruce & Doerfler Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (503) 222-1951 or Click Here to request a free quote. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!
0 Comments



Leave a Reply.

    Contact Us

    (503) 222-1951​
    1405 SW 14th Ave
    Portland, OR 97201​
    Click Here to Email Us

    Archives

    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    October 2017

    Categories

    All
    Auto Insurance
    Business
    Business Insurance
    Business Owner's Package (BOP) Insurance
    ​Critical Illness Insurance
    ​Critical Illness Insurance
    E&O Insurance
    Health Insurance
    Home Insurance
    Life Insurance
    Professional Liability (E&O) Insurance

    RSS Feed

Licensed in ​Arizona, California, Colorado, Idaho, New York, North Carolina, Ohio, Oregon, Texas, Utah and Washington


Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Arnold, Bruce & Doerfler Insurance
1405 SW 14th Ave
Portland, OR 97201
(503) 222-1951​
Click Here to Email Us

Location

Website by InsuranceSplash