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Originally Posted by defcon
for someone young and healthy a 50k and 15 k policy would be similar in price as it is the policy fee that would make a large part of the 1st 35-80 per year. Plus there are nopt many 15 k term policies so whoel life si your only choice at that face amount.
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You may be right comparing 50K to 15K. That is, if one was going to go with 15K he/she may just as well go with 50K. However, if one wanted a simpler policy, just for burial expense, you
can get a lower-priced alternative with coverage around 5K.
Thanks for the good point.
I must say, all things considered, I would not recommend life insurance to someone single, healthy, and in their 20s.