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Reply to "What kind of life insurance do you have? (Type, amount, company if you want to share...)"
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[quote=Anonymous]Trying to make sense of it all and would love to hear what you chose and why. We have a new baby and a mortgage, so are looking for a basic policy that will support one parent should something befall the other, and will cover the kiddo in a worst case scenario. Both parents work and salaries are pretty comparable, so I think that means we need similar policies on both of us. From what I've read so far, term life insurance would likely get us through the college years...if you chose a different type (universal, etc.) what factored into that decision? How did you decide how much coverage to buy? (We've used the various online calculators but are taking those recommendations with a grain of salt since who knows what investment returns, inflation, college costs, etc. will really be over the next 30 years...) Thanks![/quote]
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