Financial steps a new parent must take: #3 Get life insurance
Wednesday, April 26, 2017, 1:32 PM
Life insurance is one of those things that every new parent should have. If people depend on your income, life insurance can replace that income for them in your absence. Even if you have no other assets to pass on to your heirs, you can create an inheritance by buying a life insurance policy and naming them as beneficiaries.