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Feb 11, 2016
9:14
:36
am
KingDave
All-American
For most adults I'd recommend term insurance. Kids can only get whole life.
Thankfully kids are pretty cheap. We have both our kids insured for $25k each - plenty to cover funeral costs. Plus we have the option to increase it when they're older.
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KingDave
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KingDave
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Oct 12, 2009
Last login
Apr 22, 2024
Total posts
69,301 (20,587 FO)
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Messages
Author
Time
Life Insurance Recommendations?
ebv
2/11/16 9:05am
For most adults I'd recommend term insurance. Kids can only get whole life.
KingDave
2/11/16 9:14am
Usually you can get all the child insurance you need through your employer
Indy Coug
2/11/16 9:16am
Yeah, my employer has our kids insured for 10k each.
ebv
2/11/16 9:24am
Yeah, looking at 20-year term (I'm 33).
ebv
2/11/16 9:30am
Sounds about right. Most people are fine with $1M for a sole breadwinner and
KingDave
2/11/16 9:38am
My HCBW and I have 20 year term through
JOPE
2/11/16 9:23am
Awesome. Didn't even know this existed. Thank you!
ebv
2/11/16 9:24am
For your term insurance I recommend going through a broker
KingDave
2/11/16 9:30am
Gofundme is the most economical route, especially if you're family is cute.
CougsBeatU
2/11/16 10:16am
It's great for any kind of insurance you didn't buy
HoustonCougar
2/11/16 12:50pm
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