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re: Everybody wants to sell me insurance...

Posted on 3/23/14 at 8:39 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 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 GoCrazyAuburn
Member since Feb 2010
35014 posts
Posted on 3/23/14 at 11:00 am to
quote:

If I fund it to lapse, it will lapse. Why would I need life insurance at age 90? Estate taxes have been addressed.


That's what I was making sure you understood. If that is the way you you are planning for it, go for it. I personally have other ideas, but that is the beauty of individual plans.

I am however interested in your statement that the cost of te insurance for your UL is less than term. I've personally never seen one like that, but pretty cool if you have one.
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