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Message
re: Anyone want to inform me about life insurance?
Posted on 12/31/14 at 10:33 am to OnTheBrink
Posted on 12/31/14 at 10:33 am to OnTheBrink
quote:Except for the the money he's spending now when he doesn't need to do so. It's like buying 10 pairs of shoes today so you know you'll have shoes as each pair wears out.
but it probably wouldn't hurt anything either.
Term life insurance will always be there at reasonable rates for any person without a serious/chronic illness. And the term premium rates include the chances a person develops a serious illness so the person who remains healthy will be paying for someone else's poor health.
People may buy it when they don't need it but that's not for financial reasons, it's for the warm fuzzies they get knowing they have life insurance.
They are insurance hoarders.....
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