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is life insurance worth having, page-7

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mkalkan

678 Posts.

5

29/08/17

13:38

Post #: 26836296
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Originally posted by Goblin ↑

Am being charged by a major bank close to $200 a month for a policy that only covers me for $127,629. I have found I can get the same cover for half the price. Have also deemed I would be better off diverting this to horse racing as you get lump sum payments in return constantly.

So is life insurance worth having at all or is there something better?

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Hi Goblin,

That amount seems to be pretty excessive for only that amount of cover what is your age and occupation? I am a financial planner and could help you with a comparison if you would like.
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