How much is the economic loss if you were to lose her?
Baby sitting, maid, laundry, meal preparation add it up and it's probably equal to a full time job. How much would the Mother make if she were working full time? Then 4 to 10x that amount.
for more information see www.steveshorr.com/life.htm
Yes, you can get life insurance on your mother. A child and mother have insurable interest in each other. Insurable interest is required in order to purchase life insurance on another person. Spouse have insurable interest, siblings, and parents-and-children. Your mother may need to answer some health questions, sign a life insurance application, and take a physical exam to qualify for life insurance.
Companies that provide home insurance can also provide insurance for the contents of a home. Most home insurance policies include insurance for the contents and extra insurance can be added for things like jewelry. Renters insurance is also available and insures just the contents for those who rent or lease and do not need to insure the home.
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