They Were There for You. Be There for Them.
Your parents or in-laws may need your help if they become ill or unable to care for themselves. Are you financially prepared to help provide or pay for their care without dismissing your own lifestyle?
Mom and Dad. From scraped knees and ponytails to prom dates and wedding dresses, they’ve been there for you. However, at some point, your parents or in-laws may need your help if they become ill or unable to care for themselves. If this happens, are you financially prepared to help provide or pay for their care without dismissing your own lifestyle?
This can be a tough time for all, as your roles change and decisions must be made. You want to do what's best for them, while maintaining the pace of your own life. If your parents are dependent on your income, then you need to look into disability insurance. Your income is one of your most valuable assets and the loss of your income could mean a drastic change in lifestyle for those who depend on it.
If your parents do not have life insurance at this time, they may no longer qualify for or be able to afford it. If you provide financial support for your parents, you may need a life insurance policy of your own that names your parents as beneficiaries for additional protection against your premature death. The appropriate life insurance plan can offer you the peace of mind that your family will be protected if something were to happen to you. Illinois Mutual is here to answer your questions and help you plan for your future.