BUYING GUIDE FOR NEW PARENTSBUYING GUIDE FOR NEW PARENTS
Protect your familyProtect your family
Get coverage that can help while you're alive.
WHY IT MATTERS
Coverage designed for this stage of life
When a child depends on you, the right policy does more than pay a death benefit — it protects your income, your home, and your family's future.
Protect your income
Replace lost income so your family can maintain the same standard of living — childcare, housing, everyday expenses — if something happens to you.
Cover home & childcare costs
A new baby means new expenses. Your policy can help protect your mortgage, childcare costs, and future education funding.
Help during a serious illness
Living Benefits may allow you to access part of your death benefit early if you're diagnosed with a critical, chronic, or terminal illness.
THE CLEAR DIFFERENCE
More than traditional term life
Living Benefits set this coverage apart from a standard term policy — without extra cost.
Term Life with
Living Benefits
Traditional Term Life
HOW IT WORKS
Simple steps when life changes
If a qualifying illness happens, Living Benefits may help you access part of your coverage early.
Choose coverage
Apply
Qualify for Living Benefits
Access support if needed
Choose coverage
Apply
Qualify for Living Benefits
Access support if needed
COVERAGE IDEAS
How much coverage do new parents typically need?
Your coverage needs depend on income, debt, and how many people depend on you. These are common starting ranges.
Typical coverage
$1.0M
1 child, $400K mortgage, single income household
$1.5M
1 child, $600K mortgage, single income household
$2.0M
2 children, $800K mortgage, dual income household
Frequently asked questions
In most cases, yes. Even a stay-at-home parent provides childcare, household management, and other services that would cost money to replace. Covering both parents gives your family a complete safety net.
Living Benefits are included as built-in riders on the policies we compare. There is typically no additional premium — they are part of the base policy design offered by the carriers on our platform.
If you qualify for a Living Benefits claim due to a covered illness, the funds can generally be used for any purpose — including childcare, medical bills, mortgage payments, or day-to-day expenses.
Employer group life insurance is typically 1–2× your annual salary, which is often not enough for a family with a mortgage and children. It also ends when you leave your job. A personal policy gives you control, portability, and the right coverage amount.
Start with protection built for this stage of life.
Compare top-rated carriers and see how much coverage you can get — in minutes, no obligation.