If you have kids/spouse/income, not buying insurance is itself quite a gamble.
But if you're not in that boat ... it's easy to say "insurance is a form of gambling"
Just hope you don't own a house with no insurance on it.
__________________
1998: East Troy2; East Lansing
2000: Noblesville; Auburn Hills; Chicago
2003: East Troy; Clarkston1
2004: Toledo; Grand Rapids
2006: Grand Rapids; Auburn Hills
2009: Chicago
2010: Columbus
2011: East Troy (PJ20), both
2013: Wrigley Field
2014: Detroit
People on disability do not invest money into anything but pharmy companies and doctors bills. :evil:
Surely you spend SOME money elsewhere such as groceries, clothes, utilities, rent/housing, entertainment, etc.
This thread has been hi-jacked to some degree, but in looking at your original post if that's the best deal you are being offered, then you should probably just self-insure yourself by putting as much money as you can away to earn interest.
The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
People on disability do not invest money into anything but pharmy companies and doctors bills. :evil:
Surely you spend SOME money elsewhere such as groceries, clothes, utilities, rent/housing, entertainment, etc.
This thread has been hi-jacked to some degree, but in looking at your original post if that's the best deal you are being offered, then you should probably just self-insure yourself by putting as much money as you can away to earn interest.
Even if she does, what difference does it make? Do you truly believe everyone has the disposable income to easily invest in stocks and insurance plans?
People on disability do not invest money into anything but pharmy companies and doctors bills. :evil:
Surely you spend SOME money elsewhere such as groceries, clothes, utilities, rent/housing, entertainment, etc.
This thread has been hi-jacked to some degree, but in looking at your original post if that's the best deal you are being offered, then you should probably just self-insure yourself by putting as much money as you can away to earn interest.
Even if she does, what difference does it make? Do you truly believe everyone has the disposable income to easily invest in stocks and insurance plans?
No I don't believe that. Did I say that? I'm saying if they are denying her coverage, then her best bet is to take the money she WAS GOING TO SPEND on insurance premiums and self-insure herself by investing it or at least putting it into savings.
It's pretty hard to argue against that advice.
The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
No I don't believe that. Did I say that? I'm saying if they are denying her coverage, then her best bet is to take the money she WAS GOING TO SPEND on insurance premiums and self-insure herself by investing it or at least putting it into savings.
It's pretty hard to argue against that advice.
Or, another alternative if you can't find affordable term life insurance...take the money you were going to spend on it and pay down the debts. At least that way, if something happens, the burden on your dependents is reduced.
No I don't believe that. Did I say that? I'm saying if they are denying her coverage, then her best bet is to take the money she WAS GOING TO SPEND on insurance premiums and self-insure herself by investing it or at least putting it into savings.
It's pretty hard to argue against that advice.
Or, another alternative if you can't find affordable term life insurance...take the money you were going to spend on it and pay down the debts. At least that way, if something happens, the burden on your dependents is reduced.
That's probably even better advice as the interest paid on debts is likely to be much greater than the interest earned on investments. After the debts are gone though, then continue to self-insure by taking the premium money and investing it.
The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
Comments
But if you're not in that boat ... it's easy to say "insurance is a form of gambling"
Just hope you don't own a house with no insurance on it.
1998: East Troy2; East Lansing
2000: Noblesville; Auburn Hills; Chicago
2003: East Troy; Clarkston1
2004: Toledo; Grand Rapids
2006: Grand Rapids; Auburn Hills
2009: Chicago
2010: Columbus
2011: East Troy (PJ20), both
2013: Wrigley Field
2014: Detroit
im a marxist... there will be no home ownership in my future.
take a good look
this could be the day
hold my hand
lie beside me
i just need to say
Surely you spend SOME money elsewhere such as groceries, clothes, utilities, rent/housing, entertainment, etc.
This thread has been hi-jacked to some degree, but in looking at your original post if that's the best deal you are being offered, then you should probably just self-insure yourself by putting as much money as you can away to earn interest.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
Even if she does, what difference does it make? Do you truly believe everyone has the disposable income to easily invest in stocks and insurance plans?
No I don't believe that. Did I say that? I'm saying if they are denying her coverage, then her best bet is to take the money she WAS GOING TO SPEND on insurance premiums and self-insure herself by investing it or at least putting it into savings.
It's pretty hard to argue against that advice.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
Or, another alternative if you can't find affordable term life insurance...take the money you were going to spend on it and pay down the debts. At least that way, if something happens, the burden on your dependents is reduced.
That's probably even better advice as the interest paid on debts is likely to be much greater than the interest earned on investments. After the debts are gone though, then continue to self-insure by taking the premium money and investing it.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.