Insurance -- life, health, and disability -- is one area that changes greatly once you have a baby. Young single people and even married couples may take a set-it-and-forget-it attitude toward insurance coverage. But once you become a family, you need to reexamine your insurance arrangements to be sure they suit your new needs. Here are some guidelines for making sure that your family is properly covered.
Most workers never consider disability insurance until disaster strikes. Now that you're becoming a family, it's even more crucial to understand what coverage you might have in the event that you suffered a serious injury.
Talk with the benefits provider in your company and be sure to understand the following:
While no one wants to think about the possibility of their death, it's something that every new parent needs to face. Here are a few guidelines for finding the right life insurance plan.
Source: Kiplinger's Personal Finance
All content here, including advice from doctors and other health professionals, should be considered as opinion only. Always seek the direct advice of your own doctor in connection with any questions or issues you may have regarding your own health or the health of others.