--- title: "Meaning & Key Takeaway of: Remember life insurance is intended as…" description: "\"Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you..." image: "https://sms4smile.com/quotes/i/b02/michelle-singletary-8251_amount_remember-life-insurance-is-intended-as-i_2520776.jpg" --- # Remember life insurance is intended as income replacement… ![“Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you get to the point that you're dependents (Your kids mostly) aren't dependent on your income, you could reduce the amount of life insurance you are…” quote by Michelle Singletary](https://sms4smile.com/quotes/i/b02/michelle-singletary-8251_amount_remember-life-insurance-is-intended-as-i_2520776.jpg) [Download](https://sms4smile.com/quotes/i/b02/michelle-singletary-8251_amount_remember-life-insurance-is-intended-as-i_2520776.jpg) [Open image](https://sms4smile.com/quotes/i/b02/michelle-singletary-8251_amount_remember-life-insurance-is-intended-as-i_2520776.jpg) > “Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you get to the point that you're dependents (Your kids mostly) aren't dependent on your income, you could reduce the amount of life insurance you are carrying.” [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Life insurance should replace income for dependents; when they become self‑sufficient, coverage can be reduced. **In simple terms:** Insurance replaces income; cut coverage when not needed. Key Takeaway Adjust coverage as family needs change. Themes financial planning family risk management Mood practical responsible Type advice financial When to use this quote - marriage - children becoming adults - career change - financial review Key Concepts income replacement dependency insurance policy Questions to Reflect On - Are your dependents truly self‑sufficient? - How often should you reassess coverage? A Different Perspective Coverage may be insufficient for unexpected events. ★ ★ ★ ★ ★ No ratings yet [Amount](https://sms4smile.com/quotes/about/amount/) [Covered](https://sms4smile.com/quotes/about/covered/) [Dependent](https://sms4smile.com/quotes/about/dependent/) [Dependent Income](https://sms4smile.com/quotes/about/dependent-income-1247509/) [Dependents Kids](https://sms4smile.com/quotes/about/dependents-kids-1247506/) [Helping](https://sms4smile.com/quotes/about/helping/) [Income](https://sms4smile.com/quotes/about/income/) [Income Covered](https://sms4smile.com/quotes/about/income-covered-1247508/) [Income Replacement](https://sms4smile.com/quotes/about/income-replacement-1247507/) [Kids](https://sms4smile.com/quotes/about/kids/) [Life](https://sms4smile.com/quotes/about/life/) [Life insurance](https://sms4smile.com/quotes/about/life-insurance/) [Marriage](https://sms4smile.com/quotes/about/marriage/) [Pay](https://sms4smile.com/quotes/about/pay/) [Remember](https://sms4smile.com/quotes/about/remember/) [Replacements](https://sms4smile.com/quotes/about/replacements/) [Spouse](https://sms4smile.com/quotes/about/spouse/) ## Related quotes > [If there is anyone dependent on your income - parents, children, relatives - you need life insurance.](https://sms4smile.com/quotes/suze-orman/if-there-is-anyone-dependent-on-your-income-parents-children/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [Once you finish paying for college you could reduce your life insurance.](https://sms4smile.com/quotes/michelle-singletary/once-you-finish-paying-for-college-you-could-reduce-your-life/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [Remember kids, I have life insurance.](https://sms4smile.com/quotes/adam-savage/remember-kids-i-have-life-insurance/) [Adam Savage](https://sms4smile.com/quotes/author/adam-savage/) > [The basic purpose of life insurance is to create cash…nothing more or nothing less. Everything else confuses and complicates.](https://sms4smile.com/quotes/ben-feldman/the-basic-purpose-of-life-insurance-is-to-create-cash-nothing-more-or/) [Ben Feldman](https://sms4smile.com/quotes/author/ben-feldman/) > [If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.](https://sms4smile.com/quotes/suze-orman/if-a-child-a-spouse-a-life-partner-or-a-parent-depends-on-you-and/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [Human life is proverbially uncertain; few things are more certain than the solvency of a life-insurance company.](https://sms4smile.com/quotes/arthur-eddington/human-life-is-proverbially-uncertain-few-things-are-more-certain-than/) [Arthur Eddington](https://sms4smile.com/quotes/author/arthur-eddington/) > [I started thinking about life insurance and how nice it would be if you could get insurance that your life would be happy, and…](https://sms4smile.com/quotes/sharon-creech/i-started-thinking-about-life-insurance-and-how-nice-it-would-be-if/) [Sharon Creech](https://sms4smile.com/quotes/author/sharon-creech/) > [There is a clear link between protecting your car and home and protecting your life. So life insurance was a logical addition to the…](https://sms4smile.com/quotes/kevin-sinclair/there-is-a-clear-link-between-protecting-your-car-and-home-and/) [Kevin Sinclair](https://sms4smile.com/quotes/author/kevin-sinclair/) > [Life Insurance: A contract that keeps you poor all your life so that you can die rich..](https://sms4smile.com/quotes/ritu-ghatourey/life-insurance-a-contract-that-keeps-you-poor-all-your-life-so-that/) [Ritu Ghatourey](https://sms4smile.com/quotes/author/ritu-ghatourey/) > [I could never work out whether we were to view religion as a life-insurance policy or a life sentence.](https://sms4smile.com/quotes/barbara-kingsolver/i-could-never-work-out-whether-we-were-to-view-religion-as-a-life/) [Barbara Kingsolver](https://sms4smile.com/quotes/author/barbara-kingsolver/) > [You can get up to a million dollars or more in life insurance in case you die. But can only get about seven or…](https://sms4smile.com/quotes/stanley-victor-paskavich/you-can-get-up-to-a-million-dollars-or-more-in-life-insurance-in-case/) [Stanley Victor Paskavich](https://sms4smile.com/quotes/author/stanley-victor-paskavich/) > [For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull.](https://sms4smile.com/quotes/ralph-nader/for-almost-seventy-years-the-life-insurance-industry-has-been-a-smug/) [Ralph Nader](https://sms4smile.com/quotes/author/ralph-nader/) > [Get affordable Car insurance, save up to 30% on your car insurance http://insure-n-save.co.za/index.php/car-insurance](https://sms4smile.com/quotes/anonymous/get-affordable-car-insurance-save-up-to-30-on-your-car-insurance-http/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I just took a life insurance thought that when I die they gonna bring me back: or get the new me to earth...](https://sms4smile.com/quotes/sim/i-just-took-a-life-insurance-thought-that-when-i-die-they-gonna-bring/) [Sim](https://sms4smile.com/quotes/author/sim/) > [The chief beneficiary of life insurance policies for young, single people is the life insurance agent.](https://sms4smile.com/quotes/wes-smith/the-chief-beneficiary-of-life-insurance-policies-for-young-single/) [Wes Smith](https://sms4smile.com/quotes/author/wes-smith/) ## More by Michelle Singletary > [You need to know everything. You both need to be comfortable with sharing everything. If you can't you are NOT ready to get married.](https://sms4smile.com/quotes/michelle-singletary/you-need-to-know-everything-you-both-need-to-be-comfortable-with/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [We all fall - even me.](https://sms4smile.com/quotes/michelle-singletary/we-all-fall-even-me/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [I love teaching people how to handle their money and I've built a brand on that skill.](https://sms4smile.com/quotes/michelle-singletary/i-love-teaching-people-how-to-handle-their-money-and-i-ve-built-a/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [You made a decision given your life circumstances and you have to be ok with that. Regrets that can't be change is just torturing…](https://sms4smile.com/quotes/michelle-singletary/you-made-a-decision-given-your-life-circumstances-and-you-have-to-be/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [You'll feel better when you get all that debt off your back.](https://sms4smile.com/quotes/michelle-singletary/you-ll-feel-better-when-you-get-all-that-debt-off-your-back/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [The number of those 19 to 25 with private insurance increased from 51 to 55.8 percent, and the percentage of uninsured fell from 33.9…](https://sms4smile.com/quotes/michelle-singletary/the-number-of-those-19-to-25-with-private-insurance-increased-from-51/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [Money may not be able to buy you love, but conflicts about it can certainly bankrupt your relationship.](https://sms4smile.com/quotes/michelle-singletary/money-may-not-be-able-to-buy-you-love-but-conflicts-about-it-can/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [We all only have a certain amount of money and that means yes, we have to make choices and sometimes those choices mean we…](https://sms4smile.com/quotes/michelle-singletary/we-all-only-have-a-certain-amount-of-money-and-that-means-yes-we-have/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [Having kids doesn't mean they would have taken care o you.](https://sms4smile.com/quotes/michelle-singletary/having-kids-doesn-t-mean-they-would-have-taken-care-o-you/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [I'm driving my old car until I'm on a first name basis with the low tow truck drivers!](https://sms4smile.com/quotes/michelle-singletary/i-m-driving-my-old-car-until-i-m-on-a-first-name-basis-with-the-low/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [When you give people who are being financially responsible money, you are enabling them to continue a bad habit. So you are actually helping…](https://sms4smile.com/quotes/michelle-singletary/when-you-give-people-who-are-being-financially-responsible-money-you/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [Sometimes your gut is right. And sometimes not.](https://sms4smile.com/quotes/michelle-singletary/sometimes-your-gut-is-right-and-sometimes-not/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [I understand why many are still poor or struggling to make just a middle-income lifestyle. I'm a fiscal conservative, but I also have compassion…](https://sms4smile.com/quotes/michelle-singletary/i-understand-why-many-are-still-poor-or-struggling-to-make-just-a/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [I like the idea of having a paperless society.But to be paperless means you have to be so careful with your identity.](https://sms4smile.com/quotes/michelle-singletary/i-like-the-idea-of-having-a-paperless-society-but-to-be-paperless/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) > [If we aren't careful, our children will come down with 'affluenza,' a disease that causes them to confuse wants and needs. We need to…](https://sms4smile.com/quotes/michelle-singletary/if-we-aren-t-careful-our-children-will-come-down-with-affluenza-a/) [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) [Explore all 81 Michelle Singletary quotes ](https://sms4smile.com/quotes/author/michelle-singletary/) ## More Amount quotes > [Dating someone on the opposite end of the happy spectrum teaches you an incredible amount of patience.](https://sms4smile.com/quotes/chris-pine/dating-someone-on-the-opposite-end-of-the-happy-spectrum-teaches-you/) [Chris Pine](https://sms4smile.com/quotes/author/chris-pine/) > [When the amount of change externally exceeds the amount of change internally, the end is in sight.](https://sms4smile.com/quotes/jack-welch/when-the-amount-of-change-externally-exceeds-the-amount-of-change/) [Jack Welch](https://sms4smile.com/quotes/author/jack-welch/) > [A human being can only absorb a small amount of the mystical kundalini, you can be exposed again and again to it, but it…](https://sms4smile.com/quotes/frederick-lenz/a-human-being-can-only-absorb-a-small-amount-of-the-mystical/) [Frederick Lenz](https://sms4smile.com/quotes/author/frederick-lenz/) > [It's a great story for us whenever an entrepreneur makes a crazy amount of money and we get to tell the world about it.…](https://sms4smile.com/quotes/sarah-lacy/it-s-a-great-story-for-us-whenever-an-entrepreneur-makes-a-crazy/) [Sarah Lacy](https://sms4smile.com/quotes/author/sarah-lacy/) > [It's a challenge to work a character's arc into a format in which you only have a very limited amount of time to grow…](https://sms4smile.com/quotes/ginnifer-goodwin/it-s-a-challenge-to-work-a-character-s-arc-into-a-format-in-which-you/) [Ginnifer Goodwin](https://sms4smile.com/quotes/author/ginnifer-goodwin/) > [The amount of things you can do with a kettlebell is unsurpassed by any other training equipment - dumbbells, resistance machines, free weights.](https://sms4smile.com/quotes/laird-hamilton/the-amount-of-things-you-can-do-with-a-kettlebell-is-unsurpassed-by/) [Laird Hamilton](https://sms4smile.com/quotes/author/laird-hamilton/) > [The amount you give isn't important. What matters is what that amount represents in terms of your life.](https://sms4smile.com/quotes/jim-rohn/the-amount-you-give-isn-t-important-what-matters-is-what-that-amount/) [Jim Rohn](https://sms4smile.com/quotes/author/jim-rohn/) > [There's a place in Botswana where there are 100,000 elephants living in a single population. Think of the amount of space they need. Remember,…](https://sms4smile.com/quotes/patrick-bergin/there-s-a-place-in-botswana-where-there-are-100-000-elephants-living/) [Patrick Bergin](https://sms4smile.com/quotes/author/patrick-bergin/) > [How could you justify giving Holland twice the amount of money that you gave Belgium? Well, finally, I put it up to them. They…](https://sms4smile.com/quotes/w-averell-harriman/how-could-you-justify-giving-holland-twice-the-amount-of-money-that/) [W. Averell Harriman](https://sms4smile.com/quotes/author/w-averell-harriman/) > [I am not a great believer in dialectical struggle. I am much more of a fusion person. I see it as a dialogue, or…](https://sms4smile.com/quotes/marina-warner/i-am-not-a-great-believer-in-dialectical-struggle-i-am-much-more-of-a/) [Marina Warner](https://sms4smile.com/quotes/author/marina-warner/) > [The risk of developing carcinoma of the lung increases steadily as the amount smoked increases. If the risk among non-smokers is taken as unity…](https://sms4smile.com/quotes/richard-doll/the-risk-of-developing-carcinoma-of-the-lung-increases-steadily-as/) [Richard Doll](https://sms4smile.com/quotes/author/richard-doll/) > [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/) [F. A. Harper](https://sms4smile.com/quotes/author/f-a-harper/) > [You have a little bit of talent, a certain amount of good fortune and a lot of hard work in pursuit of whatever truth…](https://sms4smile.com/quotes/donald-sutherland/you-have-a-little-bit-of-talent-a-certain-amount-of-good-fortune-and/) [Donald Sutherland](https://sms4smile.com/quotes/author/donald-sutherland/) > [I have a tremendous amount of respect for military families. To have to worry about your loved ones and still try and live a…](https://sms4smile.com/quotes/ashanti/i-have-a-tremendous-amount-of-respect-for-military-families-to-have/) [Ashanti](https://sms4smile.com/quotes/author/ashanti/) > [In sports teams, apart from talk of sporting prowess and the imparting of inspirational thought, an extraordinary amount of time is spent discussing, and…](https://sms4smile.com/quotes/harsha-bhogle/in-sports-teams-apart-from-talk-of-sporting-prowess-and-the-imparting/) [Harsha Bhogle](https://sms4smile.com/quotes/author/harsha-bhogle/) [Browse all 4,202 Amount quotes ](https://sms4smile.com/quotes/about/amount/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. 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