At Renee Oliver Insurance Agency Inc. we know there are many misperceptions regarding life insurance. Some in the Silver Spring, MD area, for example, believe life insurance is not needed for single mothers. That’s not necessarily the case.

Here’s why:

Childcare

Life insurance can help provide for the costs of quality childcare should something happen to the mother. Not all single mothers have family members nearby or available who can take on the financial responsibility of child care. Life insurance can be a big asset,  

Debts

The sudden death of a single mom can leave debts behind. These can include car payments, credit cards, and other personal debts. Life insurance can help take care of these debts without burdening loved ones who are left behind. 

Final Expenses

Final expenses can mount into the thousands. While cremation can be less expensive, the costs can still be significant. Even a modest amount of life insurance can be valuable to cover burial and cremation costs. 

College Costs

For a single mother who places a high value on education, life insurance can help ensure attendance for their child or children who may be left behind. This can be a wonderful gift should a single mother pass away prematurely. College costs can run into the tens of thousands of dollars. 

Explore Your Options

We invite single mothers to explore options for life insurance with a call to Renee Oliver Insurance Services, serving the Silver Spring, MD area. We can answer your questions and prepare a quote. You may be surprised with how affordable a term life insurance policy can be. You will also appreciate the peace of mind it can bring. Contact us to discuss your situation and goals and for your no-obligation quote.