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Life insurance
Rule of thumb is you want to take out enough to cover all expenses should one of you pass right? Based on our debt I decided to take out $400K on myself $400K on my wife and $25K on my son.
Three years ago I took out a 20 year term through Primerica. Are there any advantages to a whole vs a term policy? I can't borrow against it. And after 20 years if we're still alive and kicking I'm out $41K. At $171.00 a month I feel that I’m getting hosed.
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