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Don't do it!
Penwose
Don’t Do It!
The worst thing a married man can do is take out life insurance on himself to benefit his wife.
High-Pathetical Situation…
Married Guy comes home and tells wife, “Honey, when I die you’ll be a millionaire!”
What is keeping him alive?
It’s also stupid to take a life policy out on her. Women always outlive their husbands, so he’ll never collect unless she gets hit by a bus or something. It may be a good idea if he’s a bus driver.
And you don’t want to leave money to the kids. Did your parents leave any to you? If they did, you’re probably a jerk. Kids need to Make It On Their Own.
Insurance is defined as; a means of protecting or safeguarding against risk or injury. Therefore, Life Insurance would be a means of protecting or safeguarding against death.
I Got New For Ya! In the history of the planet, or longer if you can find any, not one single solitary individual who ever purchased life insurance was protected by it.
They All Died!…or are still waiting.
The fact is, the policy holder is paying hard earned dollars every month betting that he will die. The insurance company is betting that he won’t. Who/whom does he root for?
Penwose Out,
By George
NoPo8
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On the other hand, a couple of other insurance policies that I've had have paid off handsomely.
Never mind.
Bye, George,
Ron