When I got my car insurance with state farm I just put on the life insurance because I had nothing at the time. They said it would be cheap to add it now because I'm so young. I got this plan when I was 24 and it's $36 a month for 50k. WTF. I just checked out my employer and I can get 300k on my wife and myself for about $12 a month. The only thing I'm not sure of is if I can keep that plan after if I leave my job.
Re:What Dreams May Come
by maxerickson on Thursday March 13, 2014 @09:42AM
(#7391707)
Is the plan you have a term policy? They are cheaper. No need to answer, just pointing out a possible reason.
(because other policies sort of mix in an investment product)
It's probably a whole life policy.
Re:What Dreams May Come
by jcromartie on Thursday March 13, 2014 @11:21AM
(#7392371)
That's a horrible price. I'm a 30 year old male and got $500K 20 year term for $30/month.
(For example)
The numbers are particular for a young woman in Illinois, but it won't be egregiously higher for young men.