It costs about $50 a month or so per $500k in your 30s and takes approximately 10 minutes of paperwork and a quick doc visit to get.
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You should also either bump up or add a new policy if your family situation changes such that you have more dependents.
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@patio11 don't forget to look into disability insurance too. -
@mooreds This is a thing I would like to have, but I'm unsure how to buy it such that it would pay out when I think it should pay out. - 1 more reply
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@davidnwelton I'm at ground zero for overinsurance, but a term life policy on the household's breadwinner is one that really makes sense. - 1 more reply
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@patio11 so true. My father had good term life insurance at his untimely death in his 40s. Saved us a lot of trouble & paid for my educationThanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 kudos for this - totally agree. I got mine when I was ~31. Glad I did it. Plus I keep it at 10x my salaryThanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 not sure how much of a concern it is in US/Japan, but in India buying it from company with low claim repudiation rate is important.Thanks. Twitter will use this to make your timeline better. UndoUndo
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