Who We Serve
Life Insurance for New Parents
A new baby is the single most common trigger for buying life insurance, and it is also the moment when the coverage is cheapest you will ever see it. You are as young as you will ever be and probably as healthy — both of which set the premium for the life of a term policy.
Not sure which fits?
Answer a few questions and we'll point you to the right coverage.
What should you know about What new parents typically buy?
A 20 or 30 year level term policy on each working parent, sized to the mortgage plus enough income replacement to get the children to independence. Thirty-year term bought at the birth of a child covers them right through university.
Cover both parents, including a stay-at-home parent
Match the term length to the youngest child reaching independence
Size it with the DIME method rather than a round guess
Add a child rider if you want a small amount of coverage on the baby
What should you know about Do not skip the non-earning parent?
The replacement cost of a full-time caregiver is one of the largest expenses a bereaved family faces. Insuring only the salaried parent leaves half the exposure uncovered.
What should you know about Name a guardian and check the beneficiary?
Do not name a minor child as a direct beneficiary — the payout goes into a court-supervised arrangement rather than to whoever is raising them. Name the surviving parent, or set up a trust and name the trust. This is worth ten minutes with an attorney.
Why work with an independent agent?
A captive agent usually represents one company. Our network includes 20+ top-rated carriers, with available options depending on your state and profile. We help compare quotes for coverage and underwriting fit at no cost for comparison, without guaranteeing approval or the lowest price. Policy premiums apply.
Licensed Agent vs. captive agent — the full breakdownFrequently asked questions
Other people we help
Insuring your parents
By family role
Moms
By family role
Dads
By family role
Grandparents
By family role
Children
By family role
Couples
By family role
This page is educational and is not an offer of insurance, a quote, or a guarantee of coverage. Underwriting decisions, rate classes, and product availability are determined by each insurance carrier and vary by state, age, and health history. Carrier guidelines change without notice.