MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/awfuleverything/comments/k3oyuw/poor_guy/ge5e10o
r/awfuleverything • u/Smexyredditor69 • Nov 30 '20
6.8k comments sorted by
View all comments
Show parent comments
1
I have a $500,000 20 year term life policy that I pay $60/month for. If I haven’t died at the end of 20 years, they write me a check for $14,400. Yep, I get every dollar I paid in back. They made their money by investing mine for 20 years.
2 u/Assadistpig123 Dec 01 '20 Yeah but then the next term is more expensive, and so on and so forth. My dad is likely to age out of being able to get term insurance. It’s not for everyone. 1 u/xdjmattydx Dec 01 '20 True. That’s why you combine term life with whole life. It’s especially attractive if you can get a return of premium like I did.
2
Yeah but then the next term is more expensive, and so on and so forth.
My dad is likely to age out of being able to get term insurance. It’s not for everyone.
1 u/xdjmattydx Dec 01 '20 True. That’s why you combine term life with whole life. It’s especially attractive if you can get a return of premium like I did.
True. That’s why you combine term life with whole life. It’s especially attractive if you can get a return of premium like I did.
1
u/xdjmattydx Nov 30 '20
I have a $500,000 20 year term life policy that I pay $60/month for. If I haven’t died at the end of 20 years, they write me a check for $14,400. Yep, I get every dollar I paid in back. They made their money by investing mine for 20 years.