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re: Everybody wants to sell me insurance...

Posted on 3/22/14 at 1:28 pm to
Posted by GoCrazyAuburn
Member since Feb 2010
34911 posts
Posted on 3/22/14 at 1:28 pm to
quote:

I had the proposal solved for zero cash value at 90 based on lowest guaranteed interest rate, and highest guaranteed cost of mortality


Won't that lapse your policy at that point?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 3/23/14 at 8:39 am to
quote:

Won't that lapse your policy at that point?


If I fund it to lapse, it will lapse. Why would I need life insurance at age 90? Estate taxes have been addressed.
Posted by Cracking
Northshore
Member since Aug 2006
3432 posts
Posted on 3/23/14 at 11:09 am to
GCA,

What is your opinion of Guardian life insurance?

It seems good when I research it. I purchased Guardian WL from a friend when he was getting started. I argued with his manager that I could buy cheap term and invest the difference, but the pros of WL make sense to me.
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