East Texas
Full time employment: Posting here.
- Joined
- Dec 29, 2010
- Messages
- 746
We each took single life and with the some of the difference between single life and survivorship we each took out a universal life insurance policy naming each other as beneficiary with the kids as contingent beneficiaries. The reason(s) are, in both our pensions, once you select survivor the beneficiary cannot be changed. Also, we both have longevity in our families, including good health, and we wanted to maximize our cash flow.
Just a few other things to consider.
Just a few other things to consider.