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Life Insurance for a Stay at Home Mom (or Dad)

life insurance non working spouse

Here is some great news. Getting life insurance without an exam has never been easier, even for a non-working spouse.

The primary criteria a life insurance company will consider is if the working spouse has coverage in place. If so, the stay at home spouse can get up to an equal amount of coverage.

Have You Considered Life Insurance for Your Non-Working Spouse?

Now, here at IBUSA, we have found that even the most thorough customers, who do all of their research beforehand, and know exactly how much life insurance they are going to need to protect the financial security of their loved ones, will often forget to consider purchasing a life insurance policy on their stay at home spouse.


May make sense to a lot of “working individuals,” because while they’re away at the office, they don’t actually get to see all the work that is done around the house — work that includes  cooking, cleaning, shopping, and transporting kids all over town, be it to school and back, and heavens knows how many after school activities they may be involved in!

Or, in other words…

You don’t see all the “work” that is going on behind the scene that allows you to wake up, go to work and come home to a “reasonably intact” household!

So, believe us when we tell you this, staying home and raising kids isn’t easy, and it’s certainly not something one should classify as “non-work”. In fact, one study found that staying home with the kids is the hardest job there is. Source.

But for those…

Who may not be convinced with what we’re saying, we would invite you to allow whoever it is that is “staying home” to go on holiday for a week or two, and discover for yourself how LOST you would be without them, not to mention how many hours a day you would be LOST at your “real job” just trying to do a fraction of what it is that your stay at home partner does from home!

If you did…

We here at IBUSA believe that you would discover quickly that if your stay at home partner were to pass away suddenly, you would probably need to find someone to help you with these chores and errands that are being completed by your loved one.

Only now you’re going to have to pay for it!

And chances are, it’s going to cost you a lot more than what you think it might!

Ever Considered How Much Your Stay At Home Spouse Saves You?

The average cost of child care in the U.S.:

  • $1230 for infant care, $800 for a toddler, per month. Source.

The average cost of house cleaning:

  • $90 to $150 per cleaning. Source.

Not to mention the fact that eating out versus eating at home costs nearly double.


It’s probably safe to say that your “non-working” spouse is probably saving you close to $2000 a month!

And when you take those savings and multiply it over a dozen or so years that you would need these types of “services”, its easy to see why someone might want to purchase a life insurance policy on a non-working spouse.

And life insurance is not as expensive as you may think. Check out how much rates are for a $250,000 life insurance policy.


the best life insurance companies recognize the valuable contribution of a stay at home spouse so there is no need to prove an insurable interest, as long as the working spouse has life insurance coverage as well.

The only problem is…

That despite this “logic”, many primary “bread earners” still find it difficult to conceive why they would need to purchase a life insurance policy on their non-working spouse.

In cases like these, we usually suggest that before they give up on the idea completely, they should just take a moment and consider what such a policy “might” cost.

After all…

Unlike the policy for a primary bread earner, non-working spouse term life insurance policies may not need to be as long.

Instead of purchasing a 20 or 30-year term, many families may only need a 10 or 15-year term life insurance policy for a non-working spouse. And rates for a 10 year term life insurance policy are very affordable.

The following sample rates are for a female with a preferred best health rating from an A- rated carrier or better.

10 year term life rates femaleAnd because these “types” of policies are generally only considered necessary for families with children, these “stay at home” spouses are usually younger than the average life insurance applicant, which means that these “types” of life insurance policies tend to be quite affordable as well!

So affordable that even the most adamant opponents of such policies can sometimes be persuaded.

So, if you’d like to learn how much it might cost for you to get life insurance for your non working spouse, just give us a call.

We’d be happy to give you a few quotes and maybe even suggest a few No Medical Exam Life Insurance Options, which would allow you to get your policy started today!

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