Question by Jamesr2d2: What are the pros and cons of term insurance?
It seems to me that there is no way to know what I will have to pay when the Term insurance expires.
Then if a person lives one minute after the Term Insurance expires their family gets NOTHING when they die. Explain what I am missing please. Tear is cheaper so what do I do with the money saved?
Who can I trust for Term Insurance if I go that route?
Best answer:
Answer by Go with the flow
You only get life insurance if you have dependents that cannot live without your income.
You should get it for long enough until children are out of the house.
What does not make sense is why old people get insurance.
They should have a savings account for their funeral expenses.
It’s when you are young, with babies that you need it.
Give your answer to this question below!