Pages Navigation Menu

A lifestyle, review, and travel blog from Seattle

Why Women Need Life Insurance – Your Money

This is the 5th in a series of posts about money that have been inspired by Genworth Financial. In previous posts I shared a bit about life insurance, how to budget for it, and why it’s so important to us as a family – in this one I’ll explore why women need life insurance.

Real Life Insurance ExpertsEven though my husband has always been the higher wage earner in our family, we’ve always known that my salary would need to be covered should I die before him. It was more important when our kids were young – the thought of leaving my husband behind, without his partner, to cover not only my actual salary but also the tasks that I did that would have to be hired out, was too much to bear. So I’ve always carried life insurance both through my employer and a private policy through an insurance company.

Why Women Need Life Insurance

It turns out my intuition to provide coverage for myself was correct. In this Yahoo Shine Work and Money “Why Women Need Life Insurance” video, personal finance expert and Certified Financial Planner Lauren Lyons Cole shares some amazing  facts about women and life insurance and why they should have it. She notes that women comprise 49% of the workforce and of those, 43% carry absolutely no life insurance.  That’s shocking to me! She makes a pretty convincing case why women, single and married, should have life insurance to protect  their families financially.

Life insurance is affordable. Find out how much life insurance you need, what type is best for your situation, and how to budget for it.  It’s your chance to take care of your family after you’re gone.


Ready to learn more? Visit the Genworth website or read more here:

Where are you with life insurance? Will your family be covered if you die?

One Comment

  1. Life insurance is indeed affordable. Even if a woman has no income but is a home maker, she still contributes to the household financially. If a husband was to lose his wife, he would still require someone at home to do what the wife had done: raising kids, for example, is not cheap to replace. Having to hire a full-time nanny or even have the kids in day care would be additional costs alone. Every person holds some sort of value in the home. Life insurance is simply a tool to replace the value, even if it’s not income. Life insurance can be purchased for so little, it’s silly not to have at least a small term life insurance policy.

Leave a Comment

Your email address will not be published. Required fields are marked *


Pin It on Pinterest

Share This
More in Growing Older
TCL 200™ Digital Alarm Clock with Wireless Vibrating Pad, Time/Alarm Announce and Telephone Ring Signaler
amplicom TLC 200 Digital Alarm Clock with Bed Shaker

Life Insurance Calculator - Two Questions to find out how much and what type you need
Money: Life Insurance Calculator – Are You Covered? #Genworth

Types of Life Insurance - Learn more at
Money: Types of Life Insurance

Aging: Easter Traditions Change as We Get Older

The 1980 version of me - so young (18) .fun band old age anthem
fun. We Are Young My New Old Age Anthem

Family Vacation, 1990
Aging: Tips for Taking Care of the Caregiver – Avoiding Burnout