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Life Insurance??? Advice Please???? Anybody Who Has a Clue!!! Thx!

Posted by on Mar. 18, 2010 at 12:30 AM
  • 2 Replies

Does anyone know how to make a life insurance policy on your family members and yourself? I am clueless about this. I know my dh has $100Kpolicy on me but I am not so sure that is enough, and I am pretty sure we do not have any on the kids. My dh has SGLI for now but will POSSIBLE retire in 1 year. In addition I think there is one for $150K on him if he dies AFTER he retires, but that is not enough to raise 2 kids on for very long.

*Any advice will be appreciated.Thanks.

Posted by on Mar. 18, 2010 at 12:30 AM
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CallieLynsMommy
by Jamie on Mar. 18, 2010 at 12:34 AM

We're taking one out for my SO after we get married April 10. As for me, mine is only 10,000, the same as when I was a child. I wish we could up it but I was diagnosed with bone cancer and you can't exactly raise your policy once you're diagnosed with cancer. Kind of sucks!

RmeWifey01
by Ruby Member on Mar. 18, 2010 at 12:48 AM

Yeah that sucks. Do you still have it? Will it go away?

Quoting CallieLynsMommy:

We're taking one out for my SO after we get married April 10. As for me, mine is only 10,000, the same as when I was a child. I wish we could up it but I was diagnosed with bone cancer and you can't exactly raise your policy once you're diagnosed with cancer. Kind of sucks!


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