As your family grows, it seems like life changes by the day.

Your daily concerns evolve and develop as your children grow. Suddenly, you have joys and responsibilities. In a blink of an eye, you go from strollers to soccer games to graduation ceremonies.

During this exciting and exhausting time of your life, it’s more important than ever to think life insurance. Your life is no longer just about you. If something would happen to you, the biggest gift your can give your spouse and children is a secure financial future.

Financial lifeline

Now is the time to have the conversations and do the math. How much money would you need to cover your current expenses? How long could your afford to feed, clothe and house your family if a primary wage earner died?

What types of debt would your family have to deal with if you were not around? Mortgage loans, credit card payments or business debt all could quickly add up without your regular salary.

Thinking ahead

Even if your children are only in preschool, they will have future educational needs. College or graduate school is expensive. You’d hate to have them put their future on hold if something unexpected happened.

An equal need

It’s important to think about both spouses. An annual life insurance consumer study released this fall showed that women are often inadequately covered, even though they play a major role in financially supporting the family and coordinating much of the household work.

While 4 in 10 households with children under 18 now include a mother who is either the sole or primary earner for her family, one third of wives own no life insurance at all. Among women who have life insurance, their coverage is only 69 percent of the average coverage on men.

Take a little time and think about what your family needs – now and in the future. Life insurance could be one the best financial steps you could take to protect your family. Getting a quote is simple. Your insurance agent can give you multiple options and walk you through the process of applying.