2012-08-30, 02:38 AM
I agree.
I had an aunt who went through something vaguely similar recently. She's been single her whole life, and adopted a child at the age of 40. She was evaluating all the insurance options, many of which were on the spendy side.
What her insurance provider suggested, as far as Life Insurance for herself goes, was enough to raise the child to the age of 18, plus four years of college. It's pricey, but insuring things you care about, in this case, her daughter's future, was pretty valuable.
So insuring something that's a major investment is probably worth the extra expense.
It all sounds very clinical this way though....
I had an aunt who went through something vaguely similar recently. She's been single her whole life, and adopted a child at the age of 40. She was evaluating all the insurance options, many of which were on the spendy side.
What her insurance provider suggested, as far as Life Insurance for herself goes, was enough to raise the child to the age of 18, plus four years of college. It's pricey, but insuring things you care about, in this case, her daughter's future, was pretty valuable.
So insuring something that's a major investment is probably worth the extra expense.
It all sounds very clinical this way though....