Being a Single parent can be a burden and blessing, and it times can feel like you’re carrying the world on your shoulders...
Most single parents agree that raising their kids alone can be challenging and amazing.
So, question; If your kids depend on you and only you what would happen to them if you weren’t around for them tomorrow? For most single parents that’s a scary question to be asked.
"Protection can be more affordable than most Kiwi parents think"
How does it work?
Life insurance is designed to financially protect your loved ones, if the worst happens. Most insurance companies in NZ Pay a lump sum payment upon death or the diagnosis of a terminal illness (where you’re expected to live less than 12 months) to help your loved ones financially.
It also provides financial support for your family following your death or terminal illness diagnosis and provide assistance with Funeral and other related costs.
Also keep in mind being uninsured can have a major effect on children’s’ lives, particularly on those of single parents. It’s important that parents take the proper steps now to ensure their children are protected.
So, if you’re
- A working single parent
- Don’t have any Life Insurance or Income Protection
- Your children are financially dependent on you
Then it’s a good idea to talk to an Adviser.
They can share their expertise and experience and help you get the right cover at the right price. Advisers can also give ongoing help on how to keep your cover relevant over time.