Started By
Message

re: Life insurance questions\advice

Posted on 10/2/17 at 10:41 am to
Posted by notsince98
KC, MO
Member since Oct 2012
18158 posts
Posted on 10/2/17 at 10:41 am to
quote:

Worst place to start.


Works OK for me. My company provides 1x salary the year I die for free and I can get life insurance that provides just under $1mil for around $3/paycheck and there are no restriction/limitations on my death. Wife or kids get it no questions asked.

I have yet to see anything out there that compares to that.

And as others have said, once I retire, my savings will be more valuable than any term life insurance would be.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
79520 posts
Posted on 10/2/17 at 11:14 am to
Here is your risk : You get cancer or ALS or paralyzed in a car wreck. Because of this you lose your job . Because you lose your job you lose your benefits. You die and have no life insurance.

Some employers allow you to "carry" your own policy with you when you leave but many group risk policies will eventually void when you leave . So confirm that and if not get a small policy to cover your risk should that scenario occur. Because it happens every day. Not even really talking to you, I just want others reading the thread to understand potential risk.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram