Health and Life Insurance

[chrisosa]

As you know I am not young person have 3 children and I am think to buy a whole life or term insurance. My kids are marriedn and have steady income but I want to secure myself in case my wife or I died in any cases.. what you suggest to take Whole life insurance or terms insurance? I don't know much about life insurance but I know that terms insurance is for spefic terms and can't change regardless or economy is that right?

[puchchu]

I also dont have much idea though I have life insurence for me and for my daughter. I can tell you one thing, before getting insured, talk as many as insurence company you can. All have different sceam.

[questdragon55]

Frankly, you should buy Life insurance up to $500,000 with is half million dollar and buy health insurance premium as this will save you money because you don't spend money each month and you receive huge discount when pay for your health insurance annually. Health Insurance is very important because if you have medical emergency and you don't have a health insurance hospital bill can eat everything what you have.. in saving include car repossession and home