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Reply to "Ok not to have life insurance?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would not drop term life insurance in your situation. There are too many unknowns in life not to have a policy. Unless it is very expensive for you don't be cheap. A serious medical issue, disability, or job loss or underemployment are a host of factors that could change the situation.[/quote] What? The situations you describe are covered by disability insurance (which I have) not life insurance.[/quote] The above is referencing what could happen to the 3m in assets, such that life insurance would indeed be needed. You think you’re self insured for your kid but then something unexpected happens and you have to dip into the NW. [/quote]
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