On Mother’s Day, Forget Roses Give Insurance

Her highest rate is the $25.91 earned as a private detective and investigator tasked with “finding out what the kids are up to” — a role she plays for an estimated 5 hours per week, 8 weeks per year — kicking in an added $1,036.40 to her pay.

As its name might suggest, Insure.com makes the point that families should be extremely careful — lest they insure not Mom.

The logic seems especially compelling for families where the mother does not work outside of the home. Such a mother would be ineligible for disability income protection in the event of an accident or illness that kept her from her job. So a long-term care policy could fill such a void.

Similarly, in the event of an untimely death, a life insurance policy would pay for services that must carry on and which grandparents may be unwilling or incapable of performing on a daily basis.

An article on the insurance information company’s site makes the point that women lag men in life insurance coverage — 52% vs. 62%, though the gap narrows among millennials.

But while Mom’s “pay” for shopping for the family, planning parties and unceasing chauffeur services add up quickly, a term life insurance policy for a young person can be had quite cheaply at least than a dollar a day.

“The Mother’s Day Index gives an entertaining way to broach the serious subject of evaluating your worth and making the appropriate financial planning, such as buying a life insurance policy,” Gusner is quoted as saying in the Insure.com release. “If the mother works outside the home, has a disabled or special-needs family member she cares for or more than one child to raise, obtaining life insurance on Mom is of the utmost importance.”