http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html Sun, 23 Nov 2008 10:20:39 +0000 http://wordpress.org/?v=2.3.1 http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html#comment-997 fiscalmusings Mon, 10 Mar 2008 18:33:05 +0000 http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html#comment-997 I can see where child insurance would cover some necessary funeral costs. My main issue with this type of insurance is that it is sold on the basis that it is somehow protecting the child. I can see where child insurance would cover some necessary funeral costs. My main issue with this type of insurance is that it is sold on the basis that it is somehow protecting the child.

]]> http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html#comment-993 No Debt Plan Mon, 10 Mar 2008 17:52:26 +0000 http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html#comment-993 Make sure you go through a company like AccuQuote to get quotes from several companies. We went through AccuQuote and are definitely pleased. Make sure you go through a company like AccuQuote to get quotes from several companies. We went through AccuQuote and are definitely pleased.

]]> http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html#comment-990 Scott Mon, 10 Mar 2008 17:07:19 +0000 http://www.fiscalmusings.com/2008/03/exploring-the-world-of-life-insurance-part-i.html#comment-990 Addressing the issue of insuring children, I have seen those adds as well. They are a little ridiculous, but I have thought about this a bit on my own since I have a child and one on the way. The main reason I insure my kid (about 1 dollar a month though work)is to recoup funeral costs if something were to happen. Funerals can cost several thousand dollars with a casket costing a couple of grand by itself. Add this financial blow to a family that is already suffering from an emotional loss, and in some cases it may be enough to destroy a family. The insurance takes a major burden off of the parents. This type of insurance can be had much more cheaply than Gerber would have you believe though. Addressing the issue of insuring children, I have seen those adds as well. They are a little ridiculous, but I have thought about this a bit on my own since I have a child and one on the way. The main reason I insure my kid (about 1 dollar a month though work)is to recoup funeral costs if something were to happen. Funerals can cost several thousand dollars with a casket costing a couple of grand by itself. Add this financial blow to a family that is already suffering from an emotional loss, and in some cases it may be enough to destroy a family. The insurance takes a major burden off of the parents. This type of insurance can be had much more cheaply than Gerber would have you believe though.

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