Hi all 👋🏾
I am considering purchasing term life insurance and wanted your input on the best option for me.
I have no kids and currently do not own a home. I have a ton of debt, close to 100k, over half of this is student loans. I've purchased a plot for me to buried next to my dad so we are good there. I've told my family no funeral, just a grave side ceremony. Funerals are too expensive. I'm 43. I was considering a term life of 30 years, at 50k. I figured, I'm paying down debt did not need anything over that. For the year, Zander quoted me about $250. My current employer offer basic life but that's just 1x your annual salary.
Can you all weigh in? I truly value your opinions.
Oops, what are your thoughts on LTD? 2 years, 3 years? I'm currently at $48,000 annually.
I Need Your Help Please, Purchasing Life & Disability Insurance
October 2nd, 2017 at 10:17 am
October 2nd, 2017 at 11:37 am 1506944242
October 2nd, 2017 at 03:22 pm 1506957724
October 2nd, 2017 at 09:00 pm 1506978043
Disability insurance is entirely different. Having something beyond Social Security Disability in the event you are disabled is especially important if you do not have other assets to tap.
October 3rd, 2017 at 12:14 am 1506989686
October 3rd, 2017 at 01:06 am 1506992789