FIRE and Life Insurance

[CRLLS]

I have had 2 policies. One, a term life that will expire in a couple of years. I will probably continue that as I am still on-track for the plan created when I took it out in the 1st place. The 2nd policy is a whole life which I took out when I was 20 yrs of age. At that time, I (we) will have no life insurance. That 2nd policy will, in the next year and a half, begin paying me ~$300/ month for life. It may not be not a lot of money, but it should be enough to keep me in alcohol products for a good long while. There will probably be no need for embalming.

 

[Downtown]

Trooper,

You might find this recent thread on term life insurance to be relevant - I was the OP.

http://www.early-retirement.org/forums/showthread.php?t=80232

Downtown


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[VFK57]

DW and I have a Life Insurance for 3 more years (20 years period). Once it is expired, we are not going to continue as rates are going too high. Currently we have $100K each for $20.65 per month for both policies.