Archive for December, 2007
DrewS asked:
I’m 20 years old, I have a wife buut no kids. I want to take out a term life insurance plan. (I probably will need it for about 30 years) My question is, should I take out a 30 year plan, so I will be paying the same rates in 30 years? Or should I take out a shorter one, paying less, than purchase another one in 10 or 20 years? I’ve heard speculation that rates will be lower when I’m 40 because life expectancy will be longer. What do you guys think? I’m in good health and don’t have a bad medical family history. Thanks!!
Glory Mcdade
I’m 20 years old, I have a wife buut no kids. I want to take out a term life insurance plan. (I probably will need it for about 30 years) My question is, should I take out a 30 year plan, so I will be paying the same rates in 30 years? Or should I take out a shorter one, paying less, than purchase another one in 10 or 20 years? I’ve heard speculation that rates will be lower when I’m 40 because life expectancy will be longer. What do you guys think? I’m in good health and don’t have a bad medical family history. Thanks!!
Glory Mcdade
















