You see, John had plenty of insurance on his own life.  In the event of his death, his bride could have continued the full time care of his children while still having financial stability. Yes, the loss of their father would have hurt deeply, but their day to day lives would have, for the most part, remained consistent and stable providing a sense of security in an insecure time. 

Now, when I advise couples in situations where one is considered a non-working spouse, I think of John, his children and the difficult decision he had to make.  I encourage them to make sure that not only will their family be financially secure in the event of either spouse’s death, but that they will be emotionally and spiritually secure as well.  Therefore, I am now recommending that couples base their life insurance decision on the potential loss of income of the working spouse in the event the non-working spouse dies. 

Steve Scalici is a Certified Financial PlannerTM with Treasure Coast Financial. He is co-host of God’s Money, which can be heard on the internet at You can contact Steve at