I'm 32yo and currently under-insured as the sole provider for a family of 5. (I imagine that's how an Insurance Anonymous meeting would open.)
I'm looking to add level term $1M policy to my current $400K SGLI.
Question: 20yr or 30yr level term policy?
I'm leaning to the 30yr policy which will last to a point in my life were I should be self-insured. Good decision or go with standard 20yr and reassess?
Thanks in advance.
I'm looking to add level term $1M policy to my current $400K SGLI.
Question: 20yr or 30yr level term policy?
I'm leaning to the 30yr policy which will last to a point in my life were I should be self-insured. Good decision or go with standard 20yr and reassess?
Thanks in advance.
Comment