What would you think? My dd's grandma has decided to use some of the life insurance from her husband (he died in May) to buy my daughter a life insurance plan. I still am not sure what to think, and my husband is just naturally paranoid. I am not so sure I like the idea. Feedback please.
Answer by admckenzie at 5:52 PM on Jul. 5, 2009
Answer by jfblaine at 4:10 PM on Jul. 5, 2009
Answer by vabchmommy at 4:14 PM on Jul. 5, 2009
Answer by Cassieniccole at 4:18 PM on Jul. 5, 2009
Answer by gmasboy at 4:30 PM on Jul. 5, 2009
Answer by ColleenF30 at 4:37 PM on Jul. 5, 2009
Answer by justanotherjen at 4:58 PM on Jul. 5, 2009
Answer by 2wndrfl_btrflys at 5:07 PM on Jul. 5, 2009
You need to discretely check on her health and any new acquaintances she may have met. There are some people out there that prey upon elderly people by implying that life insurance will somehow keep the insured person, usually a beloved grandchild, "safe". Even if the elderly person seems to understand, they will insist they want to pay to "keep little Johnny safe". One of these slick operators might have gotten to her. Other than that, it may be one of those low-cost life insurances that come with the guarantee that at the age of 18 or 21 the child can continue their coverage--usually at exorbitant rates... If all is kosher, let her go ahead, even though it may be a waste of money, it might make her feel better.
Answer by pagan_mama at 5:22 PM on Jul. 5, 2009
Answer by ColleenF30 at 5:27 PM on Jul. 5, 2009
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