Forum Discussion

boston_blacky's avatar
boston_blacky
Explorer
Mar 24, 2018

Term life insurance from Old (Group Plan) to Private Policy

Hope you can advise me on this item. Last week, my long term Group Plan shifted gears because I moved into a new (older) age category; i.e. 70 plus. So, I'm shopping around to find a Canadian Ins. ...
Seeking Advice
DownTheAvenue's avatar
DownTheAvenue
Explorer
Mar 26, 2018
1968mooney wrote:
Just remember, when you purchase Life Ins. you are betting you will die while the policy is inforce. The Ins. Co. is betting you will live.


This can be said about any insurance product. Have collision insurance on your vehicle? You are betting you will have an at fault accident, the insurance company is betting you will not. Have homeowner's insurance? You are betting your house will burn down. The insurance company is betting it will not. You get the point!

About RV Tips & Tricks

Looking for advice before your next adventure? Look no further.25,102 PostsLatest Activity: Jan 18, 2025