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I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

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peabody
Love green icing!!!

Member since 5/05

4691 total posts

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I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

We bought 20 yr term life ins 10 yrs ago. So we want to buy another 20 yr term life ins policy for me and DH.

If you don't mind sharing, how much are you paying for 20 yr term life insurance at ages 35 - 39 for 250,000? And with what company?

I got a quote and I thought it was high.

Posted 2/20/13 4:08 PM
 
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Bridex100
Two Under Two Mommy

Member since 3/08

10420 total posts

Name:
Momx100

Re: I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

I just got a $1 million policy for myself - 20 year term for $52/month with Northwestern. I'm 34 years old.

Message edited 2/20/2013 4:09:49 PM.

Posted 2/20/13 4:09 PM
 

Bearcat
Love my little girls!!! <3

Member since 6/10

10818 total posts

Name:
E

Re: I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

I don't fit into your age or amount range, but for whatever it's worth for comparison (we JUST did this last week):

Me: age 33, 500k policy, National Life Group, $29/month, 20yr term

DH: age 33, 1 Mil policy, National Life Group, $71/month, 20yr term

Not sure whether DH's line of work is a factor/high -risk or anything like that (he's a cop).

Posted 2/20/13 4:16 PM
 

BeachMom
Love my 4 kiddos!

Member since 11/08

8346 total posts

Name:
Kristie

Re: I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

We have a $1 million dollar policy for both DH and myself so god forbid, the house is paid for and there is money left over.

We pay I believe for that alone $339 every 6 months. We got it probably about 5-6 years ago when we were 28 & 29

Posted 2/20/13 6:15 PM
 

Katareen
5,000 Posts!

Member since 4/10

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Name:
Katherine

Re: I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

Posted by Bearcat

I don't fit into your age or amount range, but for whatever it's worth for comparison (we JUST did this last week):

Me: age 33, 500k policy, National Life Group, $29/month, 20yr term

DH: age 33, 1 Mil policy, National Life Group, $71/month, 20yr term

Not sure whether DH's line of work is a factor/high -risk or anything like that (he's a cop).



We are similar...both 33, both $1 million, both 20 yr...we pay $80/mo for us both. William Penn.

Posted 2/20/13 7:54 PM
 

marycpa
LIF Adolescent

Member since 7/07

635 total posts

Name:
Mary

Re: I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

We just took out a $250k policy for 20 years and we pay about $230- $250 a year each. It's through the nys CPA society that I am a member of.

Posted 2/20/13 10:03 PM
 

FranM
And so it goes....

Member since 9/05

2217 total posts

Name:

Re: I hate thinking about this, I have too. With the 3rd coming, we are going to purchase more life insurance.

male excellent health non smoker 250,000 20 year term
35 yo 225.00 per year
39 yo$270.00 per year

For $500000 same as above

35 yo $305 per year
39 yo $385 per year

Message edited 2/20/2013 10:20:52 PM.

Posted 2/20/13 10:10 PM
 
 
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