Life Insurance

Women who don’t work outside the home do not need life insurance. Women should let men decide if and how much life insurance they need for themselves. Women should let their significant other handle all of the finances.

Okay, I am certain some of you immediately realized I am saying the opposite of what is true, but, unfortunately the mindset that ‘women don’t need to worry their pretty little heads about that’ is still around, although not as prevalent as years ago.

Too many families rely mainly on the male’s life insurance policy; this does not factor a woman’s contribution to the family’s finances and could be shattering with a sudden death.

Women who work outside the home may be the primary wage earner or the higher wage earner in a family; their financial contribution has to be protected to ensure the financial health of the family. In addition to life insurance, disability insurance to protect one’s income in the event of an accident should also be considered.

Single as well as married parents need to ensure they have enough life insurance coverage to provide enough present and future care and education for children.

Women as well as men need to review their insurance needs and then implement immediately. 

Please contact me if you have any questions or with a topic you would like addressed in a future article.

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This information has been prepared by Carol Plaisier Investment Advisor for HollisWealth®, a division of Industrial Alliance Securities Inc. and does not necessarily reflect the opinion of HollisWealth®. The information contained in this website comes from sources we believe to be reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any the securities mentioned. The information contained herein may not apply to all types of investors. The Investment Advisor can open accounts only in the provinces where she is registered. For more information about HollisWealth®, please consult the official website at

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