life insurance

[zepman]

I don't know too many people who can own a home for 600-800 per month. In Mankato, you cant' even rent a 2 bedroom apartment for that...unless you want to live in a trailer court.

Pay the $$$ you need to for your families future...wether term or whole life doesn't matter...just pay it.

[Down Deep]

Another element of insurance that young people often overlook is disability insurance. People are far more likely to become disabled and unable to go to work than die. Temporary disability for injury or surgery is far more common. In the era of company paid sick leave benefits being curtailed and elimnatied this part of personal insurance is very important. Two to three months or even longer of lost income can send a family budget into a tailspin. These plans, especially the short term replacement income plans, are not that expensive.

[delcecchi]

You can borrow 120k at 4.4% for 600 per month. If you have a down payment to go with that there are a surprising number of houses in the Rochester area that are in that price range or below.

[ZachD]

I have one that is a $400,000 and my premium rate is $27 a month.

Another I have is 2 times my yearly salary through the company I work for and it cost I believe $30.00 a month.. Works out to be about 120k policy