Parents worry about their children. It’s a universal fact of life. In turn, children worry about their parents. Adult children often fret over their parents’ financial situation, especially in a shaky economy.
One area of concern is life insurance protection. For example, when one parent passes away, will there be enough money for the surviving parent to live on? Whether your mom or dad passes away first, the surviving spouse may face financial challenges.
Gerber Life offers three life insurance options that you may want to suggest to your parents, so that all of you can have peace of mind. Here are the highlights of each: