boston blacky wrote:
Now I'm sorry I asked. Have a good day. BB
Sorry that you feel this way, just seems to be pretty odd when someone at age 70 or above is wanting to buy life insurance. You should be well past the stage of needing it..
Yeah, not having a "life ring" may sound odd, but in reality if you have no debt, there is no need to pay for life insurance.
The idea of life insurance is to cover your spouse/family when you have outstanding loans/debt at the time of your death..
It should not be treated as a "savings account" or as a way to bolster your estate for your loved ones at the time of your death.. Just costs too much money to do that over time..
Yeah, folks do, but in reality, the insurance co WILL make more money than what they will ever pay out..
