Life Insurance
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O.G. SON!
Joined: Jun 2002
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From: PittsburgH
Life Insurance
I was wondering if anyone here has any life insurence plans on their parents?
I have been thinking about getting one on my Dad and one on my Mom.
What are stipulations to these and how much would say $500,000 on each of them cost me per/Month?
I would like to do this very soon.
I have been thinking about getting one on my Dad and one on my Mom.
What are stipulations to these and how much would say $500,000 on each of them cost me per/Month?
I would like to do this very soon.
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O.G. SON!
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From: PittsburgH
Originally Posted by axemansean
Depends on age, habits (smoking), health problems, etc. A 500k policy for your parents might cost a good bit.
mom
62
chronic pain
back problems
dad
65
smoker for like 40 years
no medical problems
Senior Member
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Originally Posted by flappy188
mom
62
chronic pain
back problems
dad
65
smoker for like 40 years
no medical problems
62
chronic pain
back problems
dad
65
smoker for like 40 years
no medical problems
un-Touch'd krew
Joined: May 2001
Posts: 51,774
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From: My own level of hell
Depends on life expectancy from this point forward, and as stated lifestyle habits.
So aside from lifestyle the expectancy plays kinda like this:
Me at 33 expected to live to approximately 85 with my lifestyle has to pay less than someone 60 with the same lifestyle because it accrues over time.
So aside from lifestyle the expectancy plays kinda like this:
Me at 33 expected to live to approximately 85 with my lifestyle has to pay less than someone 60 with the same lifestyle because it accrues over time.
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Thread Starter
O.G. SON!
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From: PittsburgH
Originally Posted by Nightshade
Depends on life expectancy from this point forward, and as stated lifestyle habits.
So aside from lifestyle the expectancy plays kinda like this:
Me at 33 expected to live to approximately 85 with my lifestyle has to pay less than someone 60 with the same lifestyle because it accrues over time.
So aside from lifestyle the expectancy plays kinda like this:
Me at 33 expected to live to approximately 85 with my lifestyle has to pay less than someone 60 with the same lifestyle because it accrues over time.
Yea...... I'm hopeing its not toooo much....... i guess i can find out.. anyone know any good internet company's
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From: Someplace with cones=AUTO
As stated already it depends on their lifestyles, health and age.
I got my life insurance when I was 25. I'm paying $100/month, but I'm also more high risk since I autocross, do TKD, and have asthma. Whereas my wife is paying $75.
I got my life insurance when I was 25. I'm paying $100/month, but I'm also more high risk since I autocross, do TKD, and have asthma. Whereas my wife is paying $75.
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Thread Starter
O.G. SON!
Joined: Jun 2002
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From: PittsburgH
Originally Posted by CivicSiRacer
As stated already it depends on their lifestyles, health and age.
I got my life insurance when I was 25. I'm paying $100/month, but I'm also more high risk since I autocross, do TKD, and have asthma. Whereas my wife is paying $75.
I got my life insurance when I was 25. I'm paying $100/month, but I'm also more high risk since I autocross, do TKD, and have asthma. Whereas my wife is paying $75.
how much coverage do you have?
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From: Someplace with cones=AUTO
Originally Posted by flappy188
how much coverage do you have?
I think it's $500,000
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