Cover for you, cover for your partner
Another common mistake people make in considering life insurance is that it only applies to the family’s main income earner. The home maker is also a significant contributor – without them the income earner may need to stop work to take care of the kids. And face a loss of income on top of the tragic loss of a partner. Your partner, employed or not, contributes enormously to the lifestyle your family enjoys. That’s why they need life insurance too.