Trucking IQ - How much do you know?

GET TRUCKING IQ SCORE

Loading...

How much life insurance should I take out

by Kris
(Tx)

I want to get life insurance for my husband and had told him I thought I should get $400,000 is this too much?

Comments for How much life insurance should I take out

Average Rating

Click here to add your own comments

Jun 10, 2013
Rating

reply
by: Anonymous

Hell NO!!!!!!!

Feb 18, 2013
Rating

If that is reasonable
by: Anonymous

Remember to think about a few things when you think about life insurance.

1. Paying off the mortgage completely.

2. Enough to pay for all of your child's college education in a 6 year situation for each child.

3. Paying off all credit cards and vehicle notes.

4. Money to live off food, clothing, gas, utilities, etc.. for at least 3 years so you may go back to school or training for a new job and a good job, not at Walmart.

5. Enough for grieving, and counseling to get you back on your feet emotionally and physically.

6. Enough for a mini vacation to help you deal with the loss of your husband.

7. New clothing for a new job.

I would say you have to take more into consideration when you lose a loved one. Think about it and do your math correctly.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Ask a Professional Truck Driver..