Life insurance with parents as beneficiaries

**GoodThyming** · 03-23-2011, 10:18 AM

Oh, I see. I am not concerned about those things.

**thesightofoneself** · 03-23-2011, 10:30 AM

sounds like a plan

**happymomof4** · 03-23-2011, 01:46 PM

Originally Posted by Ashley01

I've never heard of it but if shes going to struggle I think it's a good idea! I think everyone should have a bit of life insurance at least enough for a burial. You don't want to leave that cost burden to anyone so even if you had a small policy to be left to your mother of 30 000 it would cover and expenses and have some extra to help her out. I also don't have term people might not agree I do pay quiet a bit more a month but my parents had term and I saw how hard it was to get a decent rate after their term was up.

Do you know you can pre plan and pre pay your funeral. It could be cheaper then the premiums on life insurance. There are several ways to pay for your pre planned funeral.

My dh and I have our funeral, grave sites and markers paid for. There will be no wondering what we wanted at or for our funeral. You can go as far as picking out the outfit you want on you, music, flowers, etc.