Getting married is an exciting step and the start of your life together. As you begin sharing a home, income, and responsibilities, it’s a good time to think about how to protect each other.
Term life insurance can help support your spouse if something unexpected happens. It’s a simple and affordable way to care about the future you’re building together.
For many newly married couples, term life insurance can be a practical and affordable place to start. It gives you protection for a set period of time, such as 10 or 20 years, when your financial responsibilities may be higher.
This type of coverage can be helpful if you want to protect your spouse while you are paying off debt, saving for a home, building your careers, or planning for a family.
The right amount of life insurance depends on what you and your spouse are building together. Think about your shared income, monthly expenses, debts, rent or mortgage payments, and future plans like buying a home or starting a family.
A good starting point is to ask: If one income was no longer there, how much support would the other person need to stay financially secure?
You can use our Coverage Calculator to get a quick estimate based on your income, debts, and family plans. From there, a licensed advisor can help you compare options and choose coverage that fits your needs and budget.
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