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Okay, the question is a bi loaded, but it's something that everyone my age (and even folks older) thinks about. At the ripe young age of 23, do I really need life insurance?
The thing about insurance is that it sucks. All insurance sucks, until you need it. And even though I could obviously never use my life insurance, my wife could.
After we got married and got hooked up with our financial advisor/insurance agent (yes, I realize the bias involved in that), we started our life insurance and disability insurance. I felt a bit skeptical about starting life insurance so young, but you never know what the world will bring. And now that I am married, I'm not just paying for myself.
But I can't be the only one who felt this way. Right?
When did you start (if you have started) your life insurance? Let me know in a comment below.
We have often felt that we were too young for life insurance as well, but we came to the conclusion that, well, we are going to die at some point. If that day comes tomorrow, I would like for my wife to be taken care of for a while. I don't think anything could be worse than greiving the loss of your partner adn having to worry about how the bills will be paid for next month.