We have term life insurance. I specifically have 20-year term life, which I got when my work stopped having life insurance (when I was a healthy 36 year old: they require some blood tests and the price varies by your age and health levels). I pay $329 a year, and if I die before the 20 years is up (except by suicide, or act of war, or, like, nuclear disaster), my family gets $500K. It's a low fee insuring my family against a pretty unlikely outcome - that I will die before 56. (But if I got hit by a bus tomorrow, it would pay off the house & put the kids through college.)
Mal: And I never back down from a fight. Inara: Yes, you do! You do all the time!
'Shindig'
Spike's Bitches 48: I Say, We Go Out There, and Kick a Little Demon Ass.
[NAFDA] Spike-centric discussion. Lusty, lewd (only occasionally crude), risqué (and frisqué), bawdy (Oh, lawdy!), flirty ('cuz we're purty), raunchy talk inside. Caveat lector.
flea - Dec 09, 2013 2:11:45 pm PST #7021 of 30002
information libertarian
beekaytee - Dec 09, 2013 2:21:53 pm PST #7022 of 30002
Compassionately intolerant
I'm with ya, msbelle.
Connie Neil - Dec 09, 2013 2:33:18 pm PST #7023 of 30002
brillig
I think the term on the AARP is for 10 years. I guess rolling the dice on whether Hubby will last another 10 years is not a bad idea. I think I have life insurance on him through work, though. We should have bought this stuff when we were young and just being responsible adults and not juggling actual actuarial timing issues.
Atropa - Dec 09, 2013 2:35:39 pm PST #7024 of 30002
The artist formerly associated with cupcakes.
I'm tracking my food intake for the sole purpose of making sure I get enough fiber
Green smoothies. They are some sort of crazy dark magic, because now if I don't have one during the day, I feel vaguely unsettled and ooky. Hell, even Pete, legendary for his unwillingness to eat vegetables, craves the sludge drinks now.
Aims - Dec 09, 2013 2:50:57 pm PST #7025 of 30002
Shit's all sorts of different now.
I PICKED UP MY CAP AND GOWN, Y'ALL! !
Connie Neil - Dec 09, 2013 3:03:27 pm PST #7026 of 30002
brillig
Hooray, Your Imperial Graduatedness!
Hil R. - Dec 09, 2013 3:07:00 pm PST #7027 of 30002
Sometimes I think I might just move up to Vermont, open a bookstore or a vegan restaurant. Adam Schlesinger, z''l
Yay Aims!
I'm curled up on the sofa with a heated blanket, with a heating pad around my shoulders, using a steam inhaler with a drop of eucalyptus oil added to the water. Can winter be over soon?
billytea - Dec 09, 2013 3:07:57 pm PST #7028 of 30002
You were a wrong baby who grew up wrong. The wrong kind of wrong. It's better you hear it from a friend.
What is the difference between whole life and term life? Is term life essentially a bet that you'll need it before the term is up, and if not the insurance company goes Cha-ching! and invites you to play again?
Basically yes. Note that the insurance company expects to turn a profit on either product. Term life isn't a better deal for them, necessarily. (Actually, it probably is on one score, people are less likely to cancel partway through and stiff them on the administrative costs. They are likely to charge penalties in the early years because of that.) Either way, the longer one stays alive, the better it is for the insurance company.
I PICKED UP MY CAP AND GOWN, Y'ALL! !
Congratulations!
brenda m - Dec 09, 2013 3:12:01 pm PST #7029 of 30002
If you're going through hell/keep on going/don't slow down/keep your fear from showing/you might be gone/'fore the devil even knows you're there
Either way, the longer one stays alive, the better it is for the insurance company.
Better for everyone, one assumes.
Anne W. - Dec 09, 2013 3:24:07 pm PST #7030 of 30002
The lost sheep grow teeth, forsake their lambs, and lie with the lions.
I PICKED UP MY CAP AND GOWN, Y'ALL! !
YAAAAAYYYYYYYYYYYYYYYY!!!!