When you are expecting a baby, you want everything to be just right. There's no denying that raising a family is a tough job, and you need to plan for your family's future. As a parent, you'll have new financial responsibilities and there's a lot to think about. But it can be done.
Start by listing the expenses that will be coming up. Will you be looking for a larger home or a more reliable car? What about the educational expenses that now seem so far away? In fact, the tuition bills will arrive before you know it. Your insurance needs will have changed too. You'll want to make sure that your life, health and disability income insurance coverage is now appropriate.
MassMutual Asia offers innovative products and the quality services of qualified professionals - a strong combination that you can trust to help you meet your commitments and dreams in a changing world. It's difficult to predict what unexpected events the future may hold. We can help you prepare to meet most of the challenges life throws your way and provide a lasting relationship to help you meet your financial goals. For inquiries, please contact our consultants.
How you can prepare ...
Life Insurance
Life insurance provides protection and security for your loved ones when you die. Whether you want to replace income, provide for your children's education or fund your spouse's retirement, life insurance will help to meet your family's financial goals and ongoing needs.
Annuities
Raising a family is expensive and the short-term financial pressures can sometimes be overwhelming. But it is important to continue to stay focused on the long-term as well to ensure that resources for your retirement will be available when you get there. Annuities can help provide you with lifelong income in your later years.
Disability Income
If you're raising a family with one or more incomes, will enough income still be available in case of a disabling injury or illness? An individual disability income insurance policy will help cover your bills.