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Message
re: Can someone give me Life Insurance Advice?
Posted on 2/20/13 at 8:51 am to wasteland
Posted on 2/20/13 at 8:51 am to wasteland
quote:
I'm currently dealing with a couple vgli clients that were shocked at the escalating premiums at age 55. Get some term man.
I'm going to deal with the same thing at work - realistically - over the life of the policy, it is still a good deal - I used to pay $4 per month for $50k (which was nothing), now I pay $27 for $400k, plus work it is multiples tied to my salary. Yeah, VGLI rockets up to $268 at 55 - nearly double the already high $144 for 50 somethings.
Like I said, I'm broke as hell. I should have gotten term before I was diagnosed with hypertension and hyperlipidemia. You pays your money and you takes your chances (or not).
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