If your children sell life assurance, and you want some, and theirs is the best for you, then do it.
They can buy life insurance...and should!
Mortgage insurance
You should buy life insurance to financially protect your loved ones in case of your unexpected death. Life insurance can provide them with financial security and help cover expenses such as funeral costs, debts, and living expenses.
it depends on if you want to. What gerber does is that it helps your child/children when they are older, but only when you have passed away (the parents or parent)
One can buy a life insurance online at Colonial Penn, AAFMAA, OLE and many others. One should take care and time before applying for a life insurance. Some life insurance sites might be untrustful.
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.
An individual in their 50's should buy life insurance, because that's the age one becomes more likely to die of a heart attack or have some type of accident.
Whole life insurance does come with several benefits. I would personally suggest term life insurance the the cost savings.
People will only buy insurance for 3 reasons; Love, Character and a Divorce Decree. Sound like he has none of those. You should get a court order forcing him to buy insurance to protect his child support payments making you the beneficiary. Likewise you should have some if something happens to you, despite how much you hate him. You can make the purchase of life insurance on him if he will agree to sign the application. He is a dirtbag if he won't even let you do that! 4lifeguild
Yes you can purchase life insurance on your parent. In order to buy life insurance on another person there must exist an Insurable Interest in that person. There does exist an insurable interest between siblings, spouses, and parents and children.
You can buy a life insurance plan, individually, or a family life insurance plan, from a bank, or an insurance company, such as all state, progressive, or state farm.
You should never buy mortgage life insurance. It is an expensive simplified issue term policy. Just buy a regular term life insurance policy. Find an independent agency and have them run you quotes on whatever amount is your mortgage plus living expenses for your family for 5 or 10 years.