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 "Is a Whole Life policy for children with a disabled parent a good idea?"
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][quote=Anonymous]Thanks for the suggestions. I need to learn more about the type of insurance they can get in the future. A lot of people are comparing this to an investment but I don’t actually consider it an investment. Just insurance that they can get future insurance.[/quote] Yes--the reason whole life policies are generally not recommended is that people do think of them as investments, and they are usually poor investments (as in this case--if your goal were just for your child to have $25K upon death, you would be far better off investing that money elsewhere). But here, that isn't your goal, so you need to find out more about whether this gets you to your desired goal and then compare that to the cost of something like a child rider on your current life insurance policy (assuming you have one). Your situation is unusual, so the typical advice isn't as relevant.[/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
