[quote=AN][quote=teaboy][quote=AN] There’s no way you can get $1m for $400-500 now. You can’t even get $1M policy for $400-500 3-4 years ago. There must have been a big price increase 5-6 years ago, right after you got it.[/quote]
Um, did anyone read my post above, on the 15th?
It went something like this…
[quote=teaboy] MM, I just got $1M life insurance for similar reasons to what flu wrote. Costs were:
$1,000,000- 15 year term-$300.00 Annual
$1,000,000- 20 year term-$440.00 Annual
$1,000,000- 25 year term-$730.00 Annual
$1,000,000- 30 year term-$790.00 Annual
I wasted quite a bit of time getting individual quotes before I found quickquote.com which gave instant online quotes from multiple providers.[/quote]
Btw. I’m 34 & reasonably healthy.
tb[/quote]
I was talking about a 30 years term. My bad in assuming flu’s talking about 30 years term.[/quote]
No. I was talking about a 20 year term…That puts me at 50ish.
I felt for me, that was sufficient because my goal was house paid off, 10+ rentals replacing my current w2 income, kid undergrad college paid off via 529 or something similar…
AN, I think I also wrote “20 year term” on my post… Must be that old age finally catching up to you 🙂
