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Started By
Message
re: Life Insurance
Posted on 10/30/14 at 2:30 pm to Golfer
Posted on 10/30/14 at 2:30 pm to Golfer
quote:
Wife and I each have $500k Term...no kids.
Agent keeps wanting us to switch it to a whole policy, but I'm not stupid.
why anyone would have this much insurance without kids is beyond me, unless work subsidizes it.
I have like 500k for me, and 250k for the wife but work pays for most of it.
If you don't have kids, you are way better off investing your premiums.
1
Posted on 10/30/14 at 2:35 pm to Hawkeye95
quote:
why anyone would have this much insurance without kids is beyond me, unless work subsidizes it.
A few things
#1 We have ~$150k in student loan debt
#2 We have ~$180k in outstanding mortgage and other debts.
Should I go this afternoon, that leaves her with $170k...which isn't really that much.
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