I'm happy to pay $32 a month for life insurance to protect my wife - Business Insider

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective.

I bought term life insurance because I'm less worried about her financial security in old age than if I die during my prime earning years. All I know about the future is that it's unpredictable. So, just in case I don't live to 103 as a Ouija board told me when I was a kid, I boughtMy biggest fear is that, if something happened to me, my wife wouldn't be able to afford the mortgage on the condo we own together. I worry that she would have to find a new place to live and pack up and move in the middle of dealing with grief and loss. That's why I bought extra insurance coverage through my employer when I could.

Buying my own life insurance policy through my insurance agent was a bit more of a process. The insurance companybefore it would issue the policy. I wasn't charged for the nurse's visit — the insurer paid for that. This was to confirm that I wasn't taking out life insurance after finding out that I had a life-threatening health condition and determine if I was healthy enough to qualify for the policy. Fortunately, I passed inspection.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

3 times life insurance becomes impossible to ignore, even if you wish you could - Business InsiderA change in personal life, professional life, or a sudden outside event like losing a family member can spur people to get life insurance. Life is not insured! Survival of the fittest will cleanse Mother Earth better than anything. Think about it no species on this planet sustains sick week or broken members of it species... they simply get eaten off by another species.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

I'm a working mom whose family is functioning better in quarantine - Business InsiderI'm a working mom in NYC whose family is functioning better than ever during the quarantine — here's how I've partnered with my husband to share the load
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

How the $349 billion PPP relief program for small businesses unraveled - Business InsiderAmerica's small-business owners hoped a $349 billion lifeline from Washington would pull them through the pandemic. Here's the inside story of how its launch spectacularly unraveled in 24 hours. I need this money! AnthonyMasonCBS Thank you for not sharing!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »