megacorp-firee
Thinks s/he gets paid by the post
- Joined
- Apr 16, 2007
- Messages
- 1,305
When my kids became independent and capable of making their own way in life, we to canceled my DWs term policy. The policy was provide for home and child care in the event my DW was no longer around to provide that care. When I FIREd, we canceled mine because DW would receive my pension payments and SS in the event I died.
IMHO, one should use insurance as THAT, insurance to provide for catastrophes. If I sold my house and no longer had a reason to buy home insurance wouldn't I cancel that policy too? nuff said.
IMHO, one should use insurance as THAT, insurance to provide for catastrophes. If I sold my house and no longer had a reason to buy home insurance wouldn't I cancel that policy too? nuff said.