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re: Anyone want to inform me about life insurance?

Posted on 12/31/14 at 10:21 am to
Posted by LSURussian
Member since Feb 2005
127265 posts
Posted on 12/31/14 at 10:21 am to
quote:

Why not lock in a 20 year term for $500K or so. Never know when you may get married. Do it while its still cheap.
This is the mantra of every life insurance salesman who ever made a pitch to me.
Posted by GoCrazyAuburn
Member since Feb 2010
35020 posts
Posted on 12/31/14 at 10:23 am to
quote:

This is the mantra of every life insurance salesman who ever made a pitch to me.


Well, it is kind of the basics of almost any insurance product


Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 12/31/14 at 10:26 am to
quote:

This is the mantra of every life insurance salesman who ever made a pitch to me.


I kind of agree with him. It doesn't have to be $500k, but what GoCrazyAuburn said, 250 or 100 would be good. I locked in a $250k policy a couple of years ago and have a rider on my two kids for $20/month. I am fairly certain the OP is around my age (ETA: just saw he is 31) so his shouldn't be that much.

Again though, ultimately he doesn't need it or shouldn't worry about it now, but it probably wouldn't hurt anything either.
This post was edited on 12/31/14 at 10:27 am
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