I Got Approved For Life Insurance

[Jeff '79]

I buy $200k of life insurance through work.
My company gives me $693 towards it, but it costs $1248 per year, so I pay $555 a year out of my own pocket for it. The cost has skyrocketed in the last few years, so I went online and shopped.
I was just approved for $200k through ING for $511.00 per year for 20 years.
I'll get another $50k through work to supplement that. It will cost $312, but they give me $693, a difference of $381, which I can use toward my medical plan.
I had to have a nurse come over and take my BP, and two vials of blood. They wanted to know my driving record and stuff like that, but it was well worth the pita...
I should have done this two years ago when the price mysteriously doubled...

[lspencer534]

Why term insurance? You won't even be 70-years old in 20 years, not usually death material at that age.

[Jeff '79]

Why term insurance? You won't even be 70-years old in 20 years, not usually death material at that age.

I'll be dead ½ through restoring my barn.
Pffftt, who am I kidding? I'll probably be 70 by then.
I'm 49 and it's kickin' my ass.:D

[99 pewtercoupe]

Why term insurance? You won't even be 70-years old in 20 years, not usually death material at that age.

Covers your family though your prime earning years and helps cover things until any kids are grown and on their own (hopefully). It makes sense as part of a comprehensive plan

[Jeff '79]

Covers your family though your prime earning years and helps cover things until any kids are grown and on their own (hopefully). It makes sense as part of a comprehensive plan

:yesnod: Exactly.:cert:

[lspencer534]

:yesnod: Exactly.:cert:

Under that reasoning, don't you think you'd need $500K-$1M?

[Jeff '79]

Under that reasoning, don't you think you'd need $500K-$1M?

Ya, I do. I'm going to probably see what it would cost on Monday and adjust accordingly. Now that all the BS is done, and I know it's legit, and like the price, I'm going to just upgrade a bit. :yesnod:

[99 pewtercoupe]

Under that reasoning, don't you think you'd need $500K-$1M?

How much do you need just to take care of your cats if you passed tonight?
How much is a case of Gordons? :rofl:

[Jeff '79]

How much do you need just to take care of your cats if you passed tonight?
How much is a case of Gordons? :rofl:

:rofl::rofl:

[lspencer534]

How much do you need just to take care of your cats if you passed tonight?
How much is a case of Gordons? :rofl:

For 20 years I'd need a minimum of $8M.

[Jeff '79]

For 20 years I'd need a minimum of $8M.

:rofl::rofl: You da funny!:shots:

[99 pewtercoupe]

For 20 years I'd need a minimum of $8M.

Annie must be one thirsty kitty:rofl:

[lspencer534]

:rofl::rofl: You da funny!:shots:

I have a feckin' empire to maintain....

[Jeff '79]

I have a feckin' empire to maintain....

Ya, me too...:D

[99 pewtercoupe]

I have a feckin' empire to maintain....

Is that the Empire of Barbiedom":D

[VITE1]

You should also look for long term care policys now. They are much cheaper at your age than waiting till you are 55.

[Jeff '79]

You should also look for long term care policys now. They are much cheaper at your age than waiting till you are 55.

Ya I will. My parents have one so I think that I'll ask them to take a look at theirs first, so that I have an idea of what I'm talking about.

[Jeff '79]

Under that reasoning, don't you think you'd need $500K-$1M?

I have a $250k AD&D policy too, btw.

[lspencer534]

I have a $250k AD&D policy too, btw.

According to the statistics, a miniscule number of people die accidentally.

[Jeff '79]

According to the statistics, a miniscule number of people die accidentally.

Did you know that I carry? :rofl:


It was cheap, so why not? Five bucks a month cheap.
It's a double indemnity too, if I'm dismembered in any way. What are the odds of that?
Even less
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[JRD77VET]

Did you know that I carry? :rofl:


It was cheap, so why not? Five bucks a month cheap.
It's a double indemnity too, if I'm dismembered in any way. What are the odds of that?
Even less
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.
.
.
.
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.
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Check the fine print :yesnod: