everyone should you know
2007-03-22 04:16:32 · 15 answers · asked by ?Sherbear ? 6 in Entertainment & Music ➔ Polls & Surveys
No, But I wish I did. I would like to be able to be sure there is something to help my loved ones through if I can not be there for them. The fact is, I'm uninsurable. I have asthma as well as at least one other health problem that makes me uninsurable to insurance companies. You people that have it are doing a great thing for your families. Bless you.
2007-03-22 13:10:53 · answer #1 · answered by Stormy 3 · 1⤊ 0⤋
Yes. I have $200,000 level term coverage that will last until retirement on myself and my wife.
We also have funeral preplans (increasing benefit whole-life policies with 5-year payment terms) that are fully paid off.
People often give generic advice on message boards like this one. Like you need 10X your annual earnings in term-life coverage. But you really will be better served to meet with an independent life insurance agent to evaluate your needs.
In my case, my wife and I could easily live comfortably on our own incomes. We really don't need much life insurance at all. Rather than pay premiums on a million-dollar policy, I would rather be investing the money.
Every situation is different. Remember, people on message boards and even radio talk-shows like Dave Ramsey give only cookie-cutter advice for generic situations.
2007-03-22 11:36:49 · answer #2 · answered by J. B 3 · 1⤊ 0⤋
I have two life insurance policies plus a cancer policy. You can never have too much insurance
2007-03-22 11:23:02 · answer #3 · answered by WonderTwit 6 · 1⤊ 0⤋
I have three dependents, and I would be a fool NOT to carry life insurance.
2007-03-22 13:46:21 · answer #4 · answered by Your Uncle Dodge! 7 · 1⤊ 0⤋
I have two kinds:one will cover the cremation
The other pays in five years:wanna get my mortgage down with that.
Then I live here for $300 a month:cheap as hell:
Market value now about$300.000:so not a bad deal.
Sky.
2007-03-22 15:17:56 · answer #5 · answered by Anonymous · 0⤊ 0⤋
no, i don't have life insurance that was the best question i have ever seen lol
2007-03-22 11:31:00 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Yes, I have it through work.
2007-03-22 11:26:11 · answer #7 · answered by Bistro 7 · 1⤊ 0⤋
yes
2007-03-22 11:22:36 · answer #8 · answered by Full of Id 6 · 1⤊ 0⤋
yes i do alot
and i also have all my bills on the die clause if i die they all get pd so my son wont have to worry about it
2007-03-22 11:21:01 · answer #9 · answered by elite_women_rule_the_rock 6 · 1⤊ 0⤋
No, i don't but I was thinking about getting it actually. Funny you should mention that.
2007-03-22 11:20:19 · answer #10 · answered by Danielle M 5 · 1⤊ 0⤋