Quote:
Originally Posted by jIM_Ohio
We each have 300k term policies. We also each have 25k of permanent insurance as well.
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I don't recall how much each of you earns. I know the total is 66K but how is that split? If you were to die, would 325K be enough to support your wife and kids at least until they are adults? That's about 18K/year for 18 years (plus interest).
It may or may not be enough. Just run the numbers and make sure.
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Steve
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