Get that now at a young age before premiums are sky high.
Every time I see a nikka dying and a trust fund is Set up
Every time I see a nikka dying and a trust fund is Set up
If you don't have a life insurance policy :ufdup:
- Thread starter MikelArteta
- Start date
Get that now at a young age before premiums are sky high.
Every time I see a nikka dying and a trust fund is Set up
Why not just write a will?
A will and insurance arent the sameWhy not just write a will?
A will and insurance arent the same
Obviously they're not the same, but life insurance policies are considered "will substitutes". A will allows you to choose exactly what assets you want to transfer to particular people at your death. Instead of having a Pay on Death account you can dispose of all of your property individually through a will. I guess the pay-off is bigger in a life insurance policy, but I always thought a will was the better way to go
My dad is 66....what would be the best option to buy for him. I'm willing to bet he dies within 20 years....and would like to get around 500,000 on him. He has diabetes. What you think my rates would be like? 
It depends if you have children at least a small term policy to cover your debt and funeral expense for family if you were to die unexpectedly