My sister told me that she is planning to start a family. She is not getting any younger and she has delayed long enough. She said that she has been selfish so far in the sense that by not wanting to have children, she is depriving her husband of having kids too.
I asked her if she would be able to cope with the extra expenses. You know how expensive it is to bring up a child, especially in this economic scenario. It's not just a matter of raising kids but parents have to ensure that their education is taken care of and this is getting more and more expensive by the year. Also, parents need term life insurance to ensure that the financial welfare of the children are taken care of should anything unfortunate happen to them.
My sister said that no matter the economy, life goes on. She has some savings now for her baby project and she has already bought term life insurance when she bought the house. That was almost two years ago. How time flies. I think it is compulsory for new home owners to be insured with life insurance as a means for the lender to cover their loan if the homeowner dies and defaults repayment.
I asked her if she would be able to cope with the extra expenses. You know how expensive it is to bring up a child, especially in this economic scenario. It's not just a matter of raising kids but parents have to ensure that their education is taken care of and this is getting more and more expensive by the year. Also, parents need term life insurance to ensure that the financial welfare of the children are taken care of should anything unfortunate happen to them.
My sister said that no matter the economy, life goes on. She has some savings now for her baby project and she has already bought term life insurance when she bought the house. That was almost two years ago. How time flies. I think it is compulsory for new home owners to be insured with life insurance as a means for the lender to cover their loan if the homeowner dies and defaults repayment.
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