June 2008 Weddings
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
**heatherkj**
Just out of curiosity is your life insurance term or whole?
I have a whole policy with an investment option but I am tired of the $100 pricetag every month and am looking to change.
Re: **heatherkj**
It is term--20 years.
We took out policies that, at this point, would allow the remaining spouse to pay off our mortgage, pay for a funeral, and have a good chunk leftover. (It would be nice to have a bigger policy that could pay for Nora's college, etc. but we think this is good for now.) Obviously, the further we get into the term, the less our mortgage will be, so there'd be more "leftover" money if something happened further down the line. We're hoping that by the time the term expires, our children will be pretty much raised, our mortgage would be closer to being paid off, and we'd be able to be self-insured to some extent, thanks to retirement savings.
Blog
How long have you had this policy? If it has matured enough to have significant cash value, perhaps you can use the cash to pay for premiums? You won?t have to pay from your pocket. That?s one way to beat the cost. The other is to get free life insurance quotes online and compare current rates to what you?re paying. You may be able to find a cheaper policy. The other is just to surrender the policy and buy term life insurance which is about 5 to 10 times cheaper.
Denise Mancini
Disclaimer: I work for AccuQuote and this is my personal opinion.