In this episode of The Catholic Money Show, Jonathan and Amanda Teixeira talk about a financial task many families know they should revisit but often put off: life insurance.

After growing their family and realizing their original policies no longer matched their current reality, Jonathan and Amanda share why life insurance needs to be reviewed as your family changes. What made sense before kids, or with one or two children, may no longer be enough after more children, a larger mortgage, higher expenses, inflation, or a change in family needs.

They explain why term life insurance can be an act of love and stewardship, especially for families with dependents. The goal is not to create a windfall, but to make sure your spouse and children would be financially cared for if the unthinkable happened.

📌 In this episode:

• Why your life insurance math changes as your family grows

• When to review your current life insurance coverage

• Why new babies, adoption, a larger mortgage, higher expenses, or special needs may change the amount you need

• Why many Catholic families may want to consider a 30-year term policy

• How to think through what your spouse and children would actually need

• Why both spouses usually need life insurance, even if one spouse does not earn an outside income

• How hidden household labor should be valued when calculating coverage

• Why Jonathan and Amanda recommend term life insurance over whole life

• How life insurance fits into caring for your family with prudence and love

If your family has grown, your expenses have changed, or you have not reviewed your policy in years, this episode is a good reminder to run the numbers again and make sure your family would be protected.

For help organizing your important family information, including life insurance details and will information, check out the Catholic Family Emergency Binder at walletwin.com/binder