- Feb 25, 2004
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Anyone have this? How much less are the premiums then traditional term life for the same (initial) amount?
We just bought a house. Since we don't have any kids I don't think a large amount of life insurance is necessary at this point. I was thinking of getting a decreasing term policy for my wife and myself to pay off the house. The survivor should be able to easily afford the other expenses with the mortgage gone. And I already have an 80k policy through work on myself.
We just bought a house. Since we don't have any kids I don't think a large amount of life insurance is necessary at this point. I was thinking of getting a decreasing term policy for my wife and myself to pay off the house. The survivor should be able to easily afford the other expenses with the mortgage gone. And I already have an 80k policy through work on myself.