Anonymous wrote:Use a broker. They will know the best company. Highly recommend Leonard Kopp in Bethesda.
We use USAA for many things, but not life insurance.

We used Leonard Kopp as well and he was great.

OP here. Thanks for the recommendations. I will check out some of them. An added layer is that I am self-employed and so I cannot do a work plan.

My stepdad has life insurance, and he's bipolar with early-onset dementia. He is so bad that he's already jumped off a bridge onto an interstate and tried to kill himself. Surely there is someone who will insure you.

Anonymous wrote:Good grief. An education and family is life insurance. If the breadwinner dies you get a job. If you can't do anything go on welfare, foodstamps , section8 and Medicaid. On what planet do people think there is a business that can make money insuring people with depression or skin cancers loved ones with a boatload of money to help them avoid life?

That's good in theory, but not in practice.

If there's no single breadwinner and the other adult dies, most of the time the loss in income doesn't take you down to the level of being able to qualify for welfare, food stamps, section 8, or Medicare.

This was the case for my cousin. Her husband was denied life insurance (even through the company where he worked) because he attempted suicide when he was 16. Didn't matter that from age 16+ that the meds he took completely controlled his depression and he was a fully productive member of society so much so that most of his friends and coworkers never knew he suffered from depression. He was diagnosed with aggressive colon cancer at 33 and died just after turning 34. She was left as the sole "breadwinner" in their family with two kids (age 3 and 7). Her income kept them from qualifying for any assistance programs. The advice given to her by a county official when she went for a review meeting was to get a lesser paying job so she'd qualify. Okay. Sure. But if she did that, she'd lose her health/vision/dental insurance through her company and the reduced fee childcare her company provided. This was before the ACA was a thing, too.

I have term life insurance with USAA and pay about ~$35.00 a month. All I had to do was a quick physical with a nurse and a blood test. I am a 42yo female.

Anonymous wrote:

Anonymous wrote:Good grief. An education and family is life insurance. If the breadwinner dies you get a job. If you can't do anything go on welfare, foodstamps , section8 and Medicaid. On what planet do people think there is a business that can make money insuring people with depression or skin cancers loved ones with a boatload of money to help them avoid life?

I couldn't even get through this bucket-of-shit sentence structure.

+1

Anonymous wrote:

Anonymous wrote:Good grief. An education and family is life insurance. If the breadwinner dies you get a job. If you can't do anything go on welfare, foodstamps , section8 and Medicaid. On what planet do people think there is a business that can make money insuring people with depression or skin cancers loved ones with a boatload of money to help them avoid life?

I couldn't even get through this bucket-of-shit sentence structure.

Pretty ridiculous first poster up there.

As with all insurance, you pay 'in case' you need it, and (luckily) most people don't. But as others have said welfare, food stamps, section 8, wont cover mortgage, education and other critical expenses. The companies manage their pool and price insurance so that those who don't need it pay in enough to cover those who do

Anonymous wrote:Good grief. An education and family is life insurance. If the breadwinner dies you get a job. If you can't do anything go on welfare, foodstamps , section8 and Medicaid. On what planet do people think there is a business that can make money insuring people with depression or skin cancers loved ones with a boatload of money to help them avoid life?

I couldn't even get through this bucket-of-shit sentence structure.

Anonymous wrote:Good grief. An education and family is life insurance. If the breadwinner dies you get a job. If you can't do anything go on welfare, foodstamps , section8 and Medicaid. On what planet do people think there is a business that can make money insuring people with depression or skin cancers loved ones with a boatload of money to help them avoid life?

Welfare does not pay a mortgage so its not that simple. And, people wait years and never get section 8... if only life were that easy.