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re: Anyone want to inform me about life insurance?

Posted on 12/31/14 at 10:46 am to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 12/31/14 at 10:46 am to
quote:

Why does someone need life insurance who doesnt have a family?


Ultimately, I agree, he doesn't. But if he could get a plan now and have a cheaper rate, why not? To me it doesn't hurt anything, knowing he will probably be married and have a family within the next 20 or 30 years.

As someone mentioned earlier, I got my plan through USAA and saved on my car and home insurance. At his age, depending on the rate he got, he could be out a meal out once a month. No real loss to me.

quote:

Who is that money for??


Nieces, nephews, siblings, charity. A number of people could benefit if something was to happen before he had a family.
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