hubby is 52 and I am 56
hubby just semi retired and we have no life ins. now cause that conversion from group pol. to personal is steep.
We have no debt, money to retire etc and at this point, we are both cremate and be done with it, cheapest option :) No bucks spent on life ins. cause at this point there is nothing to truly insure for us. Kid inheritance is handled etc. at this point so I would just say, MAYBE truly evaluate WHY you think you need life insurance. I mean ya might :) but many at some point truly do not. Just access your needs and when at 70 yrs old you will pay very high monthly for that coverage. If you are needing 100K you will pay alot for it, so maybe think in other terms of banking those ins. payments and making a savings to cover.....just that all I am saying is really really think about what ya need and why you need it :)
At our age, nohn-smokers the bite was very high on us just getting 25K each just as a 'just in case needed' amt and we said nope at this point. LOL
so at this point....for us.....whatever LOL
just some info I will spew out for ya and to think about.
