Life Stage: Single Parent
Some things in life are not planned. Even when the unexpected happens—divorce or death of a spouse, we continue to move on. Being a single parent is a huge responsibility. Not only do you have to take the journey of parenthood alone, you may be the sole financial provider for your child's future. Just as you plan for your child's sports activities, dental appointments, and play-dates, you have to start planning for their financial future. Life insurance can help. Life insurance can help give your family the financial protection they need in the event of your death. With all you have going on in life, the subject of life insurance can be overwhelming. It's a reality we all face, and the good thing about it is there are affordable life insurance policies out there to meet your needs. Life insurance is one of the best gifts you could ever give to the ones you love most—your children. Start protecting the ones you love, today.
Take a few minutes to educate yourself about life insurance. There are two types of life insurance:
Term Life Insurance—affordable life insurance that offers a variety of terms to meet your needs. Term life insurance is a simple way to help protect the ones you love. When you're a Single Parent, term life insurance can be a good choice because it is generally affordable—ideal for you if you have a limited budget. One of the great things about some term life insurance policies is that you can convert it to a permanent life insurance policy when you have more flexibility in your budget.
Permanent Life Insurance—designed to last a lifetime, helps provide the financial security you want and has cash value benefits you need.
Is life insurance affordable? Yes, it can be. See for yourself. Get a term life quote. Or, if you're thinking about permanent life insurance, start by contacting an Allstate financial professional for a complimentary, no obligation, life insurance needs analysis. It's a quick way to start your path to protecting what matters most. To prepare you for your visit with an Allstate financial professional, we've provided this helpful Life Insurance Needs worksheet to give you a general sense of how much life insurance you need.
Life Insurance Tools and Resources
Calculator- How much life insurance do you need? Use this simple calculator to get an idea.
Article- Facts about Life Insurance. There are a lot of half-truths and rumors about life insurance. Get the facts.
Resource- The (Life & Health Insurance Foundation for Education) LIFE Foundation is another resource to learn more about life insurance.
Quote- Get a Term Life Insurance Quote Today
Variable universal life insurance products are long-term investments designed to provide life insurance protection and flexibility in connection with premium payments and death benefits. You should carefully consider the investment objectives, risks, charges and expenses of the investment alternatives before purchasing a policy or investing money. Variable universal life insurance policies have limitations and are sold by prospectus only. The prospectus contains details on the investment alternatives, policy features, the underlying portfolios, fees, charges, expenses and other pertinent information. To obtain a replacement prospectus or a copy of the underlying portfolio prospectuses, please contact your Allstate Personal Financial Representative, or call Allstate Life Insurance Company at 800-203-0068 for more information. Please read the product prospectuses carefully before purchasing a policy or sending money.
ALLSTATE LIFE INSURANCE COMPANY (ALIC), HOME OFFICE, NORTHBROOK, IL. ALIC IS NOT LICENSED IN AND DOES NOT DO ANY INSURANCE BUSINESS IN NEW YORK. IN NEW YORK, ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK, HAUPPAUGE, NY.
The Life and Health Insurance Foundation for Education is a nonprofit organization dedicated to helping consumers make smart insurance decisions to safeguard their families' financial futures.