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Originally Posted by Chris
No OzMan i have the policy on her to help with any final cost for god sake anything ever happens to her.....
we pay like 50 bux i month i think and it will pay up to 25,000$ in final cost and at the age of 21 she gets 15,000$ for college or some crap like that
my wife did it up  |
Final cost? What are you talking about? You mean if she dies you have insurance on her to help cover any expenses?
Having life insurance on a baby but not health insurance is pretty weird. Actually its kind of creepy.
Another thing, $50 a month is $600 a year. Multiple that by 20 years and you have $12,000. So essentially you're sticking in $12k to get back $15k, there are much better ways to invest the money with better returns. Hell I think a basic savings account would yield higher returns.
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