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How many of you have life insurance?

submitted by TheOriginal1Icemonkey to DebtFree 10 monthsJul 9, 2023 17:19:38 ago (+1/-0)     (DebtFree)

We finally got policies last year, my wife and I. Basically worth as much dead as I am alive now, which is cool. 20 year term, and if I’m not fully self insured by the time it expires, I’ll add another ten years to it.


8 comments block

I think past employers have had 300-600k as automatic or at like 5$. I think at some point, your portfolio would be greater than your benefits from life insurance. I wonder if there is an age cutoff. They probably don't sell it to 90 year olds.