A Personal Finance Blog for Malaysian: Does housewife needs Life Insurance?

Wednesday, January 26, 2011

Does housewife needs Life Insurance?

Common answer: 

If there is no survivor depends on your income, then you don't need life insurance.

Correct answer: 

Have you seen the cost of childcare lately? Add that along with housekeeping, food preparation, home accountant, and school transportation. From that list alone one can see how much a spouse really contributes to the household budget. It is estimated a non-working spouse contributes at least, but usually more, the equivalent of a full time job. For this reason it is important to buy life insurance for everyone in the household if the absence of their income would cause a financial hardship.


  1. This Post while others want it Tagged Under: Gardening - I are actually in a total "badgirl" mood lately http://crcm.tv/5v a wider deficit can depress economic growth
    since it usually means fewer export-related jobs.
    my web page: http://crcm.tv/5v

  2. If it really is money that you simply will be needing for
    that short term, take a look at selling off
    some of your respective invoices online payday loan lenders thus, a deduction might be worth
    more for your requirements in 2007 compared to 2008, if the income was more in 2007 in comparison to

  3. He was happy to locate out that the bank offered various programs to help existing clients with poverty 3b payday loans you could possibly have another choice for business loan but they're going to require more time and security.