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betty
My boys
Member since 5/05 4380 total posts
Name:
Beth
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Life Insurance
We are in the process of getting life ins. What kind do you have?
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Posted 6/13/07 8:26 AM  |
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Faithx2
All good things in 2016!!
Member since 8/05 20181 total posts
Name:
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Re: Life Insurance
We have both whole and term.
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| Posted 6/13/07 8:27 AM |
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CathyB
Member since 5/05 19403 total posts
Name:
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Re: Life Insurance
We have universal on DH. It's similar to whole, but cheaper. We have a term policy on me.
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| Posted 6/13/07 8:28 AM |
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MikesWife
Wanting...........
Member since 1/06 6887 total posts
Name:
Karen
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Re: Life Insurance
We have whole life on me and a blend of whole and term for DH.
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| Posted 6/13/07 8:36 AM |
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betty
My boys
Member since 5/05 4380 total posts
Name:
Beth
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Re: Life Insurance
What exactly is whole and why did you choose that option (if you would rather you can FM me).
Thanks
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| Posted 6/13/07 8:39 AM |
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MikesWife
Wanting...........
Member since 1/06 6887 total posts
Name:
Karen
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Re: Life Insurance
We chose whole because we get locked into the premium. If we got term and we still needed life insurance after 20 or 30 years, we would now have to pay the premium of a 47 or 57 year old, which would be much more expensive. Plus, whole life earns cash value.
Message edited 6/13/2007 8:41:52 AM.
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| Posted 6/13/07 8:41 AM |
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CathyB
Member since 5/05 19403 total posts
Name:
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Re: Life Insurance
Wikipedia - Universal life insurance
Wikipedia Whole Life Insurance
WIkipedia Term Life Insurance
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| Posted 6/13/07 8:42 AM |
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