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Dad’s term life insurance premiums increasing from 90 to 280/month at age 65, should he keep it?
Dad's term life insurance premiums increasing from 90 to 280/month at age 65, should he keep it? My dad and mom are 65 and have a term life insurance policy that is expiring this year, he was paying $90/month for the last 20 years, and the premium is about to go up to $285 for a 250k policy. Neither of my parents have major health issues, though their own pessimism makes them think they won't live another 20 years, but at that time the poli...
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