
A week ago I sent a letter to cancel the larger policy. I have already received a check to reimburse me for this month. That was quick. I am keeping the smaller policy because some commenters mentioned that they got married and had children later in life and then found that they couldn't qualify for life insurance because of existing medical conditions. The small policy costs $11/month and expires when I am 59 years old. Hopefully I'll have enough assets by then to be self insured.
Now...what to do with an extra $36 a month? Well, if my mobile home rehab project can be completed for $10k or less, then the $36 will go towards that project. And if that project doesn't work out it will definitely go towards the mortgage.
2 comments:
Hi there-well done, this option is obviously the best way forward for you!
I hope so. Only one way to find out!
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