Quote:
Originally Posted by gamecock43
question...when you say young people pay $7-24 dollars a month for insurance vs older people who pay up to $80 a month...do the rates change as a person grows older? Do people in their twenties pay $20 and when they hit 31 yrs they get a new bill for $40? or do you suggest youngstersget in early because they will be paying the same low monthly bill their whole lives?
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The cost of insurance always rises.
The reason I put the amounts for young is b/c those amounts are in subject of many factors such as your medical condition, age etc...I pay less cause i rated healthy and im young, yes....and as you get older it is more expensive..or maybe you have a medical condition.....or so...but the cost of insurance always rises...
You must ask yourself how much life insurance protection is enough? Have enough life insurance to provide approx. 10 times your annual family income.