Getting married can be stressful. From planning the big day, to adjusting to sharing your life with the one you love, there's a never-ending list of things to do and decisions to make. If you’re a newlywed, or soon to be one, insurance is probably the last thing on your mind, yet it’s something that shouldn’t be overlooked. Likewise, if you're getting remarried, your financial situation is going to change as well. No matter what stage in married life you're in, one of the most important steps you need to take as Mr. and Mrs. is reviewing your disability and life insurance plans.
You and your spouse work hard to give each other what you want and need. That's why your income is simply your most valuable asset. Your ability to work and earn paychecks is essential to having the life you’ve dreamed with each other. If you were unable to earn your paychecks, what would happen? Most couples depend on two incomes to make ends meet. The loss of income can mean a drastic change in lifestyle. Disability insurance can help prevent a financial disaster.
You and your spouse count on each other every day, so you'll want to be sure you both are financially protected in the event something were to happen to one or both of you. For newlyweds, life insurance isn't something you want to think about, but you need to for each other. No matter how long you've been married, if you died suddenly, would your spouse have enough money to cover funeral costs, outstanding loans, credit card balances, daily living expenses and future obligations? Life insurance can help.