We Are Both Getting Additional Life Insurance
10/11/2009
If the only way to plan for our future is by saving tons of money or by getting life insurance, then I better get some life insurance. I was talking to my accountant who was telling me that since a lot of peoples 401K’s have tanked, they have doubled up on either putting more money into savings or making sure to have doubled their life insurance policies to guarantee that all their bills will be covered when they pass.
I do not have money to both save and do life insurance so I am just going to get some additional no medical exam life insurance so that I know my wife and children are taken care of if something would happen to me down the line. I had saved quite a bit before the whole 401K disaster, but now am working on rebuilding that with just the minimums.
I also have decided to get some additional no medical exam life insurance for my wife at this time too. We both think that it is a smart move for us. I will just have to make sure that we get the most coverage for the least amount of money, so as not to break the bank with this investment into our family’s future.











