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re: Term Life at age 64
Posted on 3/16/10 at 10:15 am to Chris4x4gill2
Posted on 3/16/10 at 10:15 am to Chris4x4gill2
I will pay the premiums for her if she will name me as the beneficiary. Don't cancel it.
$40 a month for is $480 annually X 16 years is $7,680 in premiums. How is her health?
$40 a month for is $480 annually X 16 years is $7,680 in premiums. How is her health?
Posted on 3/16/10 at 10:23 am to John Merlyn
Health is not good. I doubt she will make it to the end of the term.
If she keeps the insurance plan, how would it be treated at her death? Would it all go to paying creditors? Or is it the sole property of the beneficiaries?
If she keeps the insurance plan, how would it be treated at her death? Would it all go to paying creditors? Or is it the sole property of the beneficiaries?
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