Bass

so our new company Life Insurance sucks balls

50k max and then it's big bucks to increase it

any of you guys sell whole life insurance

looking for a 300k policy

Lainey

Why do you want whole life insurance? We have a couple of those policies (small ones, not sure I'd bother again if we were making the choice now)

Can you take your life insurance with you if you ever leave your job? If so, adding to that policy may actually be cheaper than you think.

Be prepared to dish out $$$ for 300K in insurance. Folks who smoke pay a higher premium and you'll have to take a physical too. Buy as much as you can afford, as if you go to adjust the coverage down the line, any you have new health issues they can reject you for the extra coverage, and your only option will be to keep what you have.

If term insurance is OK, check SBLI of MA, and be sure to make me your beneficiary.

Cubs2k

[QUOTE=Lainey8484,Nov 28 2007, 11:08 AM] Be prepared to dish out $$$ for 300K in insurance. Folks who smoke pay a higher premium and you'll have to take a physical too.

Bass

thanks guys!!

i know i know - what do i care if i'm dead BUT i want to make sure they have enough to bury me and pay off the house

so i tell them i don't smoke and weight 185

Legal Bill

Steve, why do you need more insurance? Insurance is essentially an instant estate to leave to your wife and children. If you have a 50K policy, that should be enough to pay the funeral costs, and pay the mortgage until your executor can sell the house. Make sure you have a will in place and a trust if you are leaving assets to children (nieces and nephews).

jtpassat

Steve - you have a wife and kids you're not telling us about??

Bass

that's the thing bill - i cant sell my house unless i invest 60k for title 5 unless it's sold to immediate family and a furnual these days is between 7-15k

and nope don't have a will yet

LazyProfessor

or to NES2KO - the new clubhouse!!

jtpassat

me personally.. no one depends on me so if i die - i could care less what happens to my house.

boltonblue

hell just leave it to the cat shelter and let them figure it all out.