Got a mortgage, debt, minimal savings, and children? How about life insurance?
Life insurance provides financial security for an unknown future. Term insurance is fairly inexpensive and provides coverage for a period of 10 to 30 years. The average cost varies according to age, term, and policy size. Whole life or permanent insurance can be costly. It’s designed to provide protection no matter how long you live.
The Apostle Paul said: “Anyone who doesn’t provide for their relatives, especially for their own household, has denied the faith and is worse than an unbeliever.” (1 Timothy 5:8) So, do your homework, get coverage, and take care of your family’s future.
To help you plan for your family’s finances now, download our Money Map at crown.org.