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Do you buy life insurance?

Discussion in 'BlackHat Lounge' started by miedy, Jul 29, 2015.

  1. miedy

    miedy Senior Member

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    Do you guys buy life insurance? Got a friend of mine offering it and its really good base on his explanation. Tempted to buy.
     
  2. sellingpaypal

    sellingpaypal BANNED BANNED

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    Most of the people buy life insurance.
     
  3. Aty

    Aty Jr. VIP Jr. VIP

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  4. goodperson

    goodperson Elite Member

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    I bought life insurance already. It's good for us
     
  5. miedy

    miedy Senior Member

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    nice... id better go for it.. thanks
     
  6. bojan92

    bojan92 Regular Member

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    it is nice to have a life insurance, but i don't have my own income yet, so i can't pay for it. In future, when i have money i will buy for sure
     
  7. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    What for? If I die, what will I gain.
     
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  8. BlueZero

    BlueZero Power Member

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    At one time in my life i had 3 life insurances. Cancelled all of them. I do not see a point. Your life should be driven by joy, not fear.
    When you die, you have nothing from having an insurance, if you will have a serious injury, then a few thousands what you would get wont help you either.
     
  9. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    The only point of life insurance is to fake your own death other than that its a worthless expense.
     
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  10. istart

    istart Junior Member

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    If I were a single guy, I probably wouldn't have any life insurance, but at the very least you should have a small amount of life insurance to cover your funeral costs and debts. Otherwise someone else, like your parents or siblings, is going to have to pay for that.

    If you have a family though (spouse or kids) you should have enough to cover any debt you have (ie mortgage) plus the cost of living for them for at least a few years.
     
  11. miedy

    miedy Senior Member

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    you are probably single.
     
  12. mesbahuddin

    mesbahuddin Junior Member

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    In my personal opinion life insurance is essential. Because no one knows what is going to happen in future. Life insurance can safe your future.
     
  13. virtualbyron

    virtualbyron Jr. VIP Jr. VIP

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    Buy gold mate ! it's worth much more than insurance, you can enjoy it in your life will is necessary and also enjoy your family after your death and the price may explode soon, has the opposite of life insurance may no longer worth nothing if there is big a widespread banking reform as happened in many countries

    in 2015 only naif take life insurance! its random gambling and at best a waste of money

    EDIT: no politician or person working in finance has life insurance... the person who sell life insurance dont have life insurance
     
    Last edited: Jul 30, 2015
  14. miedy

    miedy Senior Member

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    Many are suggesting to invest in gold... where to invest? How that process works?

    The life insurance i was talking about is not just when ur dead.. it has living benefit as well.
     
  15. ohmygodimtheking

    ohmygodimtheking Newbie

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    buy it when you become 30 or older before that maybe wait a bit and get lucky I think there is this break even point where you will have less chance to die based on years and less premium to pay and at one point it balances out
     
  16. security

    security Junior Member

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    People buy live insurance for more than just after death expenses. Some people buy them for investments. There are some plans that build equity "Permanent life insurance policies build equity called "cash value" that accumulates over time. This accumulation of cash value, along with tax ..."

    On another note.. If there is anyone who deals with Obamacare new enrollments leads please feel free to PM me. I maybe looking for some.
     
    Last edited: Nov 13, 2015