5 ms·
> but generally people don't make enough for that to be worthwhile. Yes you do. But it doesn't have to be a zero sum game anyway. Both you and the insurer co
by aaron695 10y ago
> but generally people don't make enough for that to be worthwhile.
Yes you do.
But it doesn't have to be a zero sum game anyway. Both you and the insurer could be better off.
Life insurance is a dumb idea. But if you're human then sometimes dumb ideas stress you out. So to pay to lower that stress might be worthwhile.
But it's complicated. If you have a fire in your house sure it'd be nice to be insured.
But OMG you house just burned to the ground, you might have died, what if it happened at night, something way worst might have happened.
Your energy is better spent on fire proofing your house. You should never plan for events where you might die, you should reduce the risk of dying. If you really think theres a chance you house might burn down, perhaps you should move houses. That is more logical but less human.
- throwaway9475 10y agoThe problem is that even if you fireproof your house, your house can still burn down. It makes more sense to fireproof your house AND have homeowner's insurance. You can't lower your risk of negative events to zero, but even so, that's not the point of insurance. The point is to have a safety net should some improbable event happen. I don't care how fireproof you make your house, it could still burn down, and you don't want to be without insurance when it does.
- pdonis 10y ago> Life insurance is a dumb idea. Not if your beneficiaries depend on you for support that you can no longer provide if you're dead, and if you care about what happens to them.
- ucaetano 10y agoThat is correct, but disability insurance is far more important than life insurance. If you die, your spouse can marry again, your kids will be able to work at some point and so on, there are no additional costs. If you're disabled, it becomes a massive, long-term, cost burden.
- runholm 10y agoYou obviously have no concept of marriage or the cost of an education for your kids. Life insurance is there to make sure your families life isn't utterly ruined. Your suggestion is to leave the spouse forced to marry someone rich fast and have the kids work at McDonalds.
- ucaetano 10y agoDid you even read my post? Please, compare the costs of: * Widow(er) raising two kids With: * Married couple raising two kids, while one of the adults has a severe permanent disability, requiring constant care, huge medical bills, etc. Do you understand now why disability insurance is more important than life insurance?
- runholm 10y agoI am not disagreeing with the importance of disability insurance. I am disagreeing with your proposed solution to not having life insurance. Remarrying rich and the kids eventually getting jobs is not a plan I would be ok with.
- ucaetano 10y agoAnd where exactly did I propose not having life insurance? Would you mind copying and pasting the text here? If you have to choose between disability and life insurance, go with disability insurance. If you have enough money to pay for both, pay for a lot of disability insurance and some life insurance. Probably 10-20 times more disability than life.
- runholm 10y agoStop arguing the importance of disability insurance. You sound like a parrot. Nobody is disagreeing. You explained your suggested alternative to life insurance. Really don't think I need to copy paste that to you. Try the parent button.