12/05/2025
Happy everyone.
I've had a few questions arise about insuring your spouse if he/she doesn't work. My answer to that is you absolutely should. Take this advice from Columbus Life Insurance Company
Key take-aways from their article:
"Life insurance for your spouse helps protect your family’s financial security by replacing lost income and covering expenses after a death.
Both working and non-working spouses provide financial value, and losing either can create major household and childcare costs.
Reviewing policy types - term, whole, universal, and joint life - can help you choose coverage that fits your family’s long-term needs and budget.
Evaluating features like convertibility, waiver of premium, and accelerated death benefits ensures the policy adapts to life’s changes."
Not only are those a top reason to insure them- what would happen if they were to become ill and needed access to their living benefits. Health insurance only goes so far to cover the medical bills-not the lifestyle change bills.
Protect your family's financial future. Evaluate coverage, have open conversations, and secure the right amount of protection with your spouse. Take action!