Hi everyone. Thanks for downloading the Money Girl Podcast.

I'm Laura Adams, the author of Money Moneygirls Smart Moves to Grow Rich. You can download

two chapters from the book for free when you visit my blog by the same name

Smart Moves to Grow Rich.com.

If you think life insurance is only for wealthy people or single parents,

you're in for a big surprise.

In today's episode, you'll learn seven situations that beg for life insurance

plus how much you need and the best places to get affordable quotes.

September is Life insurance awareness month, which makes it the perfect time to consider how life

insurance can be the key to reaching your goals and achieving financial security.

The spokesperson for the 2012 Awareness Campaign is Master Baker and Reality TV Star Buddy

Velastro, known as the Kague Boss.

From a young age he dreamed of working alongside his father

in the family bakery, but his dad died when he was 17.

Buddy had a drop out of high school

to run the business and oversee 30 employees.

He says things could have been a lot easier if his dad had own life insurance.

Research shows that about 70% of Americans understand the value of life insurance

and how it can give them peace of mind. However, about 30% of U.S. households or 35 million people don't have it.

And about 50% of those who do have life insurance say they don't have enough.

Life insurance is so important because it protects people who depend on you financially if you die.

It pays one or more beneficiaries as soon as you pass away,

...