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Life Insurance
jny4eva Posted: Apr 02, 2013 12:29 AM+
jny4eva MEMBER SINCE: 3/07 TOTAL POSTS : 93 WEDDING DATE: Nov 11, 2012
Posted: Apr 02, 2013 12:29 AM bride-minus.png

Life Insurance

I've only been married for a couple of months and the other day the life insurance conversation casually came up and my husband proceeds to tell me how he has 67% of it going to his parents and the rest to me. Am I wrong for thinking that is messed up. I was absolutely devastated, it has nothing to do with the $ it's just the principle. I have never heard of something like that when a guy is married.
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Bride2Be78 Posted: Apr 05, 2013 09:00 PM+
Bride2Be78 MEMBER SINCE: 9/11 TOTAL POSTS : 3213 WEDDING DATE: Nov 25, 2012
Posted: Apr 05, 2013 09:00 PM bride-minus.png

Life Insurance

It's definitely weird. If he wanted to give to his parents that is fine but why not make it 50/50? Also, why not take a different policy out and make you the beneficiary? Do you own a home together?
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MrsJPH2012 Posted: Apr 07, 2013 07:07 AM+
MrsJPH2012 MEMBER SINCE: 7/10 TOTAL POSTS : 1935 WEDDING DATE: May 12, 2012
Posted: Apr 07, 2013 07:07 AM bride-minus.png

Life Insurance

Our life insurance is based on the amount one would need to replace should something happen to the other one. If you are paying for life insurance to support other people, then I think he's overpaying, unless he is the only son and he expects to be supporting his parents in their old age and if he dies they will need the money. However, they should have savings and life insurance for that matter, just like you have for yourselves.
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