Insurance Companies

Does anyone have their whole, term and life rolled into one?

If not, can anyone tell me (if they don't mind sharing) what their or their DHs life insurance costs them every month?

We are trying to budget for it because it is just a must (esp now with a baby on the way) but I am not sure how much is reasonable..

Re: Insurance Companies

The appropriate amount and type of life insurance coverage depends on many factors. It truly is a protection that should be determined by family need and budget. A licensed agent or financial planner that also holds their insurance license will work with you to determine what works best for your family. This is an important long term investment it’s important to work with a professional that will work with you as your family and needs change.

Insurance Companies

Agreed. The amount of life insurance depends upon individual needs. However, there ARE ways to make the premium more affordable. For instance, my wife and I have the home and auto insurance through The Hartford. We went through the AARP (we’re both 52) and got a discount on the premium. Similarly, different insurance companies provide different kinds of discounts: multi-car discount, bundling home and auto insurance discount etc. It would be a good idea to check with multiple companies and all their offers to make a well-informed decision.

Message edited 11/12/2013 1:55:16 AM.