Quote:
Originally Posted by disneysteve
Why would it make sense to buy it before you actually need it? You'd be wasting the premium payment every month during that time. If nobody is dependent on your income, you don't need insurance. Nobody will suffer financially if you were to die.
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Eventually you will need it and like I said earlier....what if you cant qualify because a medical condition ...and its a smaller premium while your young. "Nobody will suffer financially if you were to die?" thats just bad advice..... How do you know? take into account final expenses (funeral expenses, medical expenses, etc), possible debts( mortg, loans at death, consumer debt)....taxes....I see so many young kids die and there family cant even afford to bury them....they have car washes...even though i dont have dependents or anything I still have it...atleast I know my family can bury me, they can use the money and have a little less stress...they can use it for future expenses.....