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My husband and I bought life insurance long before we had kids — we knew it was an important investment to keep each other safe.
Now that we have two daughters, I sleep better knowing they’d be taken care of financially if we died unexpectedly.
If they ever got our life insurance, I hope they’d do two things: pay off any debt and invest the rest in index funds.
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When my husband and I got married, we knew we wanted to get life insurance right away. We had bought our home the year before and even though we didn’t have kids yet, we wanted the other spouse to be able to stay living in that home if one of us died unexpectedly. 

At the time we got married, I was beginning to work as a financial adviser and was learning the ins and outs as well as the importance of life insurance firsthand. I wasn’t a stranger to the concept, though. My dad had developed terminal liver cancer when I was in my early 20s and had taken his life insurance money out early to travel the world with my brothers as a last hurrah before he passed.See the rest of the story at Business Insider

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