Credit Life Insurance Do I Need Regular Life Insurance? Or Credit Life?
Do I need regular life insurance? Or Credit Life? - credit life insurance
I have a house around $ 175K. I'm 29 and single, but travels a lot for work. If something happens, I leave my house for my brothers out of debt. I have a life of Old Mutual, and now covers most of the costs of financial management. I pay about $ 23 per month for $ 170K policy. It is the policy benificery. I am doing the right thing? I'm not really sure what credit really is life? I Deal with a life insurance and credit life get?
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4 comments:
Why buy in the world that you never an assurance that will pay your creditors? Why the interest of protecting him?
If you want to protect the interests of his sister, you can purchase ordinary life insurance, the name of the recipient.
Pay to Credit Life only repay the loan directly to the creditor. If they want to pay back the loan. If it happens, her sister also have impacts that can, with the exception of the loan - you decide for the house, pay or buy groceries with the money.
Why buy in the world that you never an assurance that will pay your creditors? Why the interest of protecting him?
If you want to protect the interests of his sister, you can purchase ordinary life insurance, the name of the recipient.
Pay to Credit Life only repay the loan directly to the creditor. If they want to pay back the loan. If it happens, her sister also have impacts that can, with the exception of the loan - you decide for the house, pay or buy groceries with the money.
Why buy in the world that you never an assurance that will pay your creditors? Why the interest of protecting him?
If you want to protect the interests of his sister, you can purchase ordinary life insurance, the name of the recipient.
Pay to Credit Life only repay the loan directly to the creditor. If they want to pay back the loan. If it happens, her sister also have impacts that can, with the exception of the loan - you decide for the house, pay or buy groceries with the money.
Why buy in the world that you never an assurance that will pay your creditors? Why the interest of protecting him?
If you want to protect the interests of his sister, you can purchase ordinary life insurance, the name of the recipient.
Pay to Credit Life only repay the loan directly to the creditor. If they want to pay back the loan. If it happens, her sister also have impacts that can, with the exception of the loan - you decide for the house, pay or buy groceries with the money.
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