Life insurance policies

REOM

DH and I really need to get on this. We both have small policies through our employers, but its probably not enough.

Do you have a seperate policy or just add on to your employers coverage?  Do you and toyr DH both have policies?  Would you recommend who you deal with?

Thanks. I guess I am feeling my own mortality turning 30 and all

zacook

we both have policies through state farm... we have small ones on the girls through them also... dhs policy is much larger then mine..

rach&jay

Yeah, you're not alone, we need to up ours too.  We don't do anything through work just because it may not be easy to take it with you if you leave.  I think if you do an independant policy than at least you will have it no matter where you work and you won't have to go through a new physical and apps again.

We are with The Hartford.

KrisBriMcBunny

I need to sit down with an agent to figure out what kind and how much.  We need enough to put the 3 girls thru college...and for Josh & Bobbi to raise Michelle if anything happens to us in the near future.

Kristie

lsufan

DH has a policy through work, but we now both have life insurance through Northwestern Mutual. ?His is much larger than mine, but it was prohibitively expensive to buy any more life insurance for me. ?Unfortunately, we didn't get around to buying the life insurance until after my melanoma diagnosis.

luckiestwife

We're self-employed, so we have to get individual coverage for everything, but we have separate policies. ?Both of us have policies through the same company that has our health insurance, auto, homeowners, etc. ?It doesn't hurt to get quotes though - find out how much it is through your employer and through different companies, and then make a decision. ?I've heard a good rule of thumb for how much life insurance you need is 10x your annual salary. ?We also are looking at getting small policies on the girls, just to cover things like burial and funeral expenses, which I hate to think about, but it's a good thing to have.

co18co

We did ours shortly after B was born, and they are in addition to those through employers (mostly since I am self=employed now, too).

Ours are through USAA, but unless you have military somewhere in your family, you won't be able to use them.  If you do (parents, grandparents, etc.) then definitely take advantage. 

breezee_bean

DH is a financial planner and deals with this type of stuff.  We both have coverage outside of what work provided.  The good thing about having additional coverage outside of work, is that you have coverage even if you leave your place of employment. 

DH is a broker meaning that he can provide clients with quotes from many different companies.  Although, he mainly deals with 4-5 companies that have a good reputation. 

veloelle

I dont' have any and DH has a policy through his employer that he pays extra to have a larger amount than the standard $50K. I should have some, but DH says no. I had to beg him to up his amount-he's convinced I'm going to off him for the $$. I keep telling him that my parents have way more life insurance than he does and they're still alive.

MrsJLK

We each have separate policies.  We went through www.selectquote.com.  Very painless process, IMO.  Good luck .

Jodi&Joe

Joe and I have a $1 million term policy each - with a 20 year term.

Joe has a $100k whole life policy.

I have a $250k+ term policy thru my employer.

My children have $100k whole life policies.

PinkPiano

My dh has a policy through work but we both have individual policies outside of that.  We are through AIG, which I would have recommend prior to the current issues.  I don't "think" there will be any issues with our policies but we are keeping an eye out just in case. 

 

stcroixbride

DH and I worked with our finacial planner to find out how much life insurance we needed.  He has his work policy (I used to when I worked FT, but my current employer can't offer benefits to me right now working PT), we each have term policies through USAA and he has a whole life policy that the financial guy hooked up for us.  He has a lot more than I do, and we probably need to talk about getting a LITTLE more for me now that I no longer have the work one.

rocknrola

All 4 of us have life policies through Farmers Insurance Group. Obviously my husband and myself have much bigger policies.