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Money and Finances
Reply to "Huge jump in term life premium—is this typical?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would anyone get a 10 year policy at 60? Crazy.[/quote] Um, because they're not financially independent by age 60, which applies to like 85% of the population.[/quote] What do you mean? What are you insuring against?[/quote] DP here. Like if both spouses are still working, and one can't cover the mortgage alone. Or even worse, can't even pay funeral expenses if one dies. Not everyone lives in Bethesda, Janet. [/quote] Or you could save the cash you'd have to pay for premiums on a 60 year old. [/quote]
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