Not exact matches
So I'm basically being forced to turn down the opportunity to make an awesome wage (the garlic - we'll only ever live off his income so if I have a bad farm
year no big deal - just save
during the good
years, and his will be enough to cover the requisite monthly expenses mine would be retirement, health
insurance (his work ins was $ 1,800 per month so we couldn't do it), kids»
college, paying off that mortgage asap so we could be truly debt free (aside from the PLSF, but that will be gone eventually too, or if I get enough from a great harvest pay it off then), etc..
When it comes to life
insurance, the average policy will not payout on a suicide
during the first two
years of policy, so it's essential to have life
insurance in place before your student goes off to
college.
Term
insurance is typically best for covering obligations that have an expiration date, like mortgages,
college costs, or replacing your income
during your working
years.
Term
insurance coverage is best - suited for individuals who want coverage for a short - term need, such as replacement of income
during working
years, funding a child's
college education, or protecting the remaining balance of a business or mortgage loan.
Having an
insurance plan that covers your personal belongings gives you one less thing to worry about
during your
college years.
When the need for life
insurance is temporary — For example, assuming a parent has adequate income to pay
college expenses on a pay - as - you - go basis and adequate life
insurance for other purposes, the parent might use term
insurance to assure payment of a child's
college education expenses in the event of the parent's death
during the child's
college years.