Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How insured are you?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Both late 30s, kids are 5 and under. Purchased term life policies when I was pregnant the first time, for $500k each. We both work, and also both have policies through work equal to one year's salary. Our rationale was that we wanted the surviving spouse to be able to pay off the mortgage and own our home outright, plus have about a year of living expenses, which would allow the surviving spouse time and flexibility to figure out staying here vs moving away. We felt that whole life insurance would be an extra expense that we don't want/need. We don't have LTC insurance. Both have short-term and long-term disability through work which is pretty bare bones, so we have an emergency fund that we continue to out money into in the event of something catastrophic. I have heard very mixed reviews of LTC policies from family members who are trying to get benefits paid out, so we haven't opted for that so far. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
