This seems ironic for me?
I saw a commercial that offers Life Insurance for your child. The price is cheap. Anywhere from $1.00 a month to $5.00 a month.
If your child dies, then the beneficiary will recieve a lump sum, like $$50,000.00. So where does the protection for that child take play? In all respect, the child is dead and doesn't need cash, and the beneficiary becomes richer.
Yeah, it will help pay for funeral costs, but at a time of grieving, funeral costs are not important. People manage to get the money regardless.
2006-09-23
01:55:13
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14 answers
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asked by
Anonymous
in
Insurance