- 120
I've got a $40k UL and $20k WL. I got the UL at 19 and the WL at 23. I'm still not a home owner and haven't accumulated any significant debt so these still sit well. Be dumb to replace either since I got them at such a young age.
What Type of Insurance Do You Have on Yourself?
- Thread starter LonghornMark
- Start date
I have my daughter and son in law insured enough for home payoff even though they haven't bought a house yet and for college for kids they haven't had yet. At their age the premium is low enough that it only made sense
- 25,030
Forgive me if you already know this.
I do not know how old that UL is but if it is not a GUL I would really keep an eye on the annual reports and order an inforce every other year or so.
Again, sorry if this is obvious to you. No dis meant. A lot of newbies here.
Lee
- 4,716
Ok so what did you wrte them? 30 year term 1 mill each or....?
150,000 30 yr. My kids aren't worth a mil but I did insure them for 150k times what they are worth.
- 4,716
Wino,
You got some really good training over at ole John Hancock. Looking back I probably should have went with them or NYL for a stint. This is no dis either you know your Shiite!
You can just figure we are all newbies because we all forget too easily, keep us in line Bro, Thanks
- 25,030
Thank you, but there a lot of guys and gals on here that know a lot more than I. I learn here a lot more than I teach.
