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Originally Posted by Sly
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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the plan was given to us as a gift from my father and step mom
they paid so many years onto it and they told us we had to keep paying monthly so we are
here is the break down
i was pretty damn wrong on my numbers lol
$30,000 is what she has now
at age 21 providing no drug abuse and a list of other shit it doubles
and at age 28 it goes to 300k
and it always builds cash value
you can read about it at
www.gerberlife.com