I bought a whole life policy, seemed like a good idea…
I bought a whole life policy, seemed like a good idea... I'm 23, active-duty military, and single mom to a 3 year old. I don't plan on staying in the military, I get out next year. I have a plan set up and I should be financially okay. A few months ago, I bought a $250,000 whole life insurance policy. The payment plan I chose is $195 a month for 20 years. I also purchased a 1 million dollar term life ...